4 Room (4A) HDB for Sale in 250 Tampines Street 21

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 56 years, is currently estimated at $491,247, translating to $447 per square foot (PSF). This figure is notably above the market baseline by 32.3%, indicating a robust demand for housing in this area despite the diminishing lease term. Such a premium valuation highlights the unique attributes of the property, including its strategic location and proximity to amenities that are highly sought after by potential buyers.

However, the model confidence for this valuation is assessed as low, which suggests a degree of uncertainty regarding the sustainability of this price point in the current market. This is further underscored by the reliance on just two recent HDB resale transactions in the vicinity, which may not provide a comprehensive picture of the overall market dynamics. Investors and homeowners should take into account the implications of lease duration on property value, as well as the fluctuating market conditions that may influence future resale potential.