4 Room (4NG) HDB for Sale in 805 Tampines Avenue 4

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $478,747, translating to approximately $484 per square foot. This valuation is notably positioned above the market average, reflecting a significant premium of 25.3% when compared to baseline values. Such a deviation indicates strong demand dynamics in the area, driven by factors including the unit's optimal location, accessibility to amenities, and the overall desirability of the Tampines precinct.

The analysis is grounded in a robust dataset, comprising 117 recent HDB resale transactions in the vicinity, which bolsters the model's confidence in this valuation to a high degree. The remaining lease of 56 years remains a critical aspect of the property’s value proposition, as it offers potential buyers a balance between affordability and longevity in tenure. The elevated valuation further suggests a competitive market environment, where buyers are keen to secure properties in established neighborhoods like Tampines, thus reflecting the ongoing strength of the HDB resale market.