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

The valuation of the 4-room HDB property in Tampines, with a remaining lease of 56 years, indicates an estimated market value of $452,626, translating to approximately $401 per square foot. This valuation places the property significantly above the market baseline, reflecting a notable 38.1% premium compared to similar listings in the area. Such a substantial deviation suggests that market dynamics are favoring sellers, possibly due to limited supply or heightened demand within the Tampines precinct.

However, the model confidence assigned to this valuation is categorized as low, primarily due to the reliance on a singular recent resale transaction in the vicinity. This limited data set may not fully encapsulate the broader market trends or the unique attributes of the property itself. As the remaining lease period is relatively moderate, prospective buyers should weigh the implications of lease duration alongside current market conditions, which can significantly impact long-term investment value and resale potential.