768 Pasir Ris Street 71 510768, Pasir Ris West, East Region, Singapore
$3,600 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$595,108
S$517 psf
Asking Price
S$3,600
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
67 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Pasir Ris
1553m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$540
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.957
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$517
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2024 | Blk 768 PASIR RIS ST 71 Floor 10 TO 12 | 1,130sqft | S$610,000 | ▲S$540 +4.4% vs FV | 99yr from 1996 |
Sep 2024 | Blk 768 PASIR RIS ST 71 Floor 10 TO 12 | 1,130sqft | S$610,000 | ▲S$540 +4.4% vs FV | 99yr from 1996 |
Blk 768 PASIR RIS ST 71
Sep 2024 · Floor 10 TO 12
+4.4% vs FV
Blk 768 PASIR RIS ST 71
Sep 2024 · Floor 10 TO 12
+4.4% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 67 years, stands at an estimated value of $595,108, translating to a price per square foot of $517. This valuation maintains a neutral stance in relation to the baseline market price, indicating a stability in demand and supply dynamics for HDB properties in this region. The absence of a price differential suggests that buyer sentiment is currently aligned with the property’s value, reflecting a cautious yet steady market environment.
However, the model confidence in this valuation is categorized as low, primarily due to the reliance on a limited dataset, with only one recent resale transaction in the vicinity serving as a reference point. This underscores the importance of broader market trends and additional comparables to enhance valuation accuracy. As the remaining lease period is considerable, potential buyers may view this property favorably, but fluctuations in market conditions and buyer preferences could influence future valuations. Overall, this HDB unit in Pasir Ris remains a noteworthy consideration for prospective buyers looking to navigate the current real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.