4 Room (4A) HDB for Sale in 618B Tampines Street 61

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 94 years, stands at an estimated value of $858,855, translating to a price per square foot (PSF) of $858. This valuation reflects a significant market signal indicating a "Good Deal," with a 5.9% deviation from the baseline value. Such a price point suggests that this property is positioned competitively within the current market landscape, particularly for buyers seeking long-term stability in a well-established estate like Tampines.

Despite the attractive valuation, it is important to note the model confidence is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity. This scarcity of comparative sales can introduce variability in the valuation model, highlighting the necessity for potential buyers to conduct thorough due diligence. The remaining lease length of 94 years offers a reassuring degree of longevity, which is a key consideration for buyers in the HDB market, particularly as leasehold properties continue to gain importance in the context of Singapore’s evolving real estate dynamics.