4 Bed Semi-Detached House (Landed) for Sale in Pasir Ris Beach Park

This valuation report presents a detailed analysis of an HDB Executive unit located in Pasir Ris, with a remaining lease of 50 years. The estimated market value is pegged at $1,552,109, translating to an impressive $408 per square foot (PSF). This valuation is particularly noteworthy as it positions the property significantly above the market baseline, with a staggering 286.6% difference. Such a premium valuation indicates robust demand dynamics in the Pasir Ris area, which can be attributed to a combination of desirable location factors and the rarity of available HDB Executive units.

The model confidence for this valuation is classified as high, based on an extensive analysis of 331 recent HDB resale transactions within the vicinity. This comprehensive dataset enhances the reliability of the estimated value, capturing current market trends and buyer sentiment. The elevated pricing reflects not only the intrinsic value of the property but also highlights the competitive landscape in the HDB market, where buyers are increasingly willing to invest in properties with longer remaining leases and strategic locations. Overall, this valuation underscores the strength of the Pasir Ris HDB market, affirming its status as a sought-after residential enclave.