3 Room (3I) HDB for Sale in 5 Changi Village Road

The HDB 3-room property located in Pasir Ris, with a remaining lease of 51 years, currently holds an estimated value of $252,766, translating to $356 per square foot (PSF). This valuation is notably positioned above market, reflecting a significant 42.4% premium over the baseline assessment. Such a discrepancy indicates a compelling demand in the Pasir Ris area, driven by factors including accessibility, community amenities, and the overall desirability of the locale.

Market dynamics for this property type suggest a robust interest among buyers, as evidenced by the analysis of 11 recent HDB resale transactions in the vicinity. This activity underlines a medium confidence level in the valuation model, indicating that while the data supports the estimated value, fluctuations in buyer sentiment and external economic conditions could impact future pricing trends. Investors and homeowners should remain cognizant of the remaining lease period, as it plays a critical role in the long-term investment appeal and resale potential of HDB properties in Singapore.