4 Bed Terraced House (Landed) for Sale in Pasir Ris Beach Park

The valuation of the HDB 4-room property located in Pasir Ris, with a remaining lease of 50 years, stands at an estimated value of $1,024,827, translating to a price per square foot (PSF) of $387. This valuation is notably positioned above the market baseline by 133%, indicating a robust demand for HDB units in this area. Such a significant premium suggests that buyers are willing to pay more, likely due to the property’s strategic location, proximity to amenities, and the overall desirability of the Pasir Ris district.

The model confidence for this valuation is categorized as high, based on a comprehensive analysis of 425 recent HDB resale transactions within the vicinity. This solid data backing reinforces the conclusion that the Pasir Ris market remains resilient despite the unit's remaining lease. As Singapore's residential landscape evolves, properties with substantial remaining leases continue to draw interest, particularly in well-established neighborhoods. The current valuation reflects not only the intrinsic value of the property but also the prevailing market dynamics that favor HDB units in this sought-after locale.