4 Room (4A) HDB for Sale in 230 Simei Street 4

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 60 years, stands at an estimated value of $591,214, translating to approximately $528 per square foot. This valuation is notably above the market baseline, reflecting an 11.6% premium, which indicates a robust demand for HDB properties in this region. Such a significant deviation from the baseline suggests that buyers are willing to pay a premium for desirable locations, amenities, and community attributes that Tampines offers.

Our analysis is grounded in a comprehensive review of 217 recent HDB resale transactions in the vicinity, providing a solid foundation for this assessment. The high model confidence associated with this valuation underscores the strength of current market dynamics, where factors such as proximity to transportation links, educational institutions, and recreational facilities contribute to the attractiveness of this HDB unit. As the Singapore real estate market continues to evolve, this valuation serves as a strong indicator of buyer sentiment and the sustained interest in well-located HDB properties.