4 Room (4NG) HDB for Sale in 816 Tampines Avenue 4

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $522,514, translating to a price per square foot (PSF) of $495. This valuation positions the property significantly above the market average, reflecting a notable 24% premium over the baseline, indicative of strong demand dynamics in the area. Such a substantial variance from the baseline suggests that the property is not only appealing in terms of its physical attributes but also benefits from strategic location advantages and community amenities that enhance its desirability.

With a high model confidence rating based on an analysis of 136 recent HDB resale transactions within the vicinity, this valuation underscores the robustness of the local real estate market. The remaining lease of 57 years is a critical factor, as it provides potential buyers with ample time to capitalize on the property’s appreciation potential, despite the inherent considerations regarding leasehold properties in Singapore. The demand for HDB units in Tampines remains resilient, driven by its accessibility, well-established infrastructure, and vibrant community, making this property a compelling investment opportunity for discerning buyers.