4 Room (4A) HDB for Sale in 620A 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 $810,785 or $810 PSF. This figure reflects a robust market signal, indicating a 3.8% difference from the baseline, which positions this property competitively within the current landscape of HDB transactions. The valuation is underpinned by an extensive analysis of 106 recent resale transactions in the vicinity, ensuring a comprehensive understanding of local market dynamics.

The strong model confidence in this valuation, categorized as High, suggests a reliable reflection of the property’s worth, particularly given the favorable remaining lease period. In the context of Singapore's evolving real estate market, properties with longer leases tend to attract higher demand, bolstered by the strategic location of Tampines. As a matured town with well-established amenities and transportation links, the area continues to exhibit resilience, making this HDB unit not only a sound investment but also a desirable living space for prospective buyers.