1 Room HDB for Rent in 251 Pasir Ris Street 21

The valuation of the HDB 2 Room unit in Pasir Ris, currently estimated at $219,179 (equating to $533 PSF), reflects a stable market condition with a market price that shows a 0% difference from the baseline. This suggests that the property is priced in line with current market expectations, indicating a balanced demand and supply scenario in the area. The remaining lease of 65 years is a significant factor, as it provides potential buyers with a substantial duration of ownership, although it may also influence future resale potential as the lease diminishes further.

Despite the valuation aligning with the market price, it is important to note that the model confidence is rated as low. This indicates a degree of uncertainty based on the limited dataset of only four recent HDB resale transactions in the vicinity. The market dynamics in Pasir Ris can be affected by various factors, including demographic shifts, local amenities, and upcoming infrastructure developments. As such, while the current valuation may reflect stability, investors and potential homeowners should remain vigilant and consider the broader market trends that could influence future property values.