4 Room (4A) HDB for Sale in 293 Tampines Street 22

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $599,679, translating to a price per square foot (PSF) of $531. This valuation reflects a robust analysis grounded in the recent market conditions, showcasing a 4.2% difference from the baseline market price. Such a premium positioning indicates a competitive demand for HDB properties in the Tampines region, which continues to thrive as a desirable residential locale.

Our model confidence in this valuation is categorized as high, bolstered by an extensive dataset comprising 500 recent HDB resale transactions in the vicinity. This strong data foundation not only reinforces the credibility of the estimated value but also highlights the resilience of the market dynamics at play. As potential buyers navigate a landscape where lease tenure remains a pivotal consideration, the 56-year lease offers a balance between affordability and long-term investment potential. Overall, this property exemplifies the attractive opportunities within the HDB market, underscoring its enduring appeal to both homebuyers and investors alike.