3 Bed Walk-up Apartment (Condo) for Rent in Watercrest

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 72 years, stands at an estimated value of $484,305, translating to a price per square foot (PSF) of $562. This valuation reflects a market signal indicating no difference from the baseline, suggesting a stable pricing environment for HDB properties in this region. The robust data underpinning this valuation comes from an analysis of 87 recent HDB resale transactions, offering a comprehensive perspective on market trends and buyer sentiment in Pasir Ris.

In the current landscape, the 72-year remaining lease is a critical factor influencing the property's valuation. Properties with a longer lease tend to retain their appeal, especially in a market where homebuyers are increasingly discerning about lease duration. The high model confidence associated with this valuation underscores the reliability of the data and market dynamics at play. As HDB properties continue to be a vital component of Singapore's residential landscape, the stability observed in this valuation reflects broader trends in demand, affordability, and the overall confidence in the Pasir Ris area as a desirable locale for homeownership.