4 Room (4A) HDB for Sale in 489A Tampines Street 45

The HDB 4-room property located in the highly sought-after district of Tampines, with a remaining lease of 62 years, presents a compelling investment opportunity. Priced at an estimated value of $658,814, which translates to $589 per square foot (PSF), this property is positioned above the market baseline by an impressive 6.3%. Such a premium valuation indicates a strong demand within the area, reflecting the unique appeal of Tampines as a residential hub.

Our analysis, grounded in a robust dataset of 500 recent HDB resale transactions in the vicinity, confirms a high model confidence in this valuation. The significant premium suggests that prospective buyers are willing to pay a higher price for the additional benefits associated with this property, including its strategic location, accessibility to amenities, and community infrastructure. As the property market continues to evolve, the remaining lease term of 62 years should also be closely monitored, as it can impact long-term investment potential. Overall, this valuation underscores the dynamic nature of the HDB market in Tampines, positioning it as a desirable area for both homeowners and investors alike.