4 Room (4A) HDB for Sale in 226 Pasir Ris Street 21

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $531,378, translating to a price per square foot (PSF) of $475. This valuation is positioned significantly above the market baseline, reflecting a 16.7% premium. Such a deviation suggests that this property is perceived as more desirable in the current market context, likely due to its strategic location within Pasir Ris, a neighborhood known for its family-friendly amenities and proximity to recreational facilities.

However, the model confidence in this valuation is categorized as low, indicating that the reliability of this estimate may be influenced by fluctuating market conditions or limited comparable transactions in the area. This valuation is based on four recent HDB resale transactions nearby, which may not fully capture the broader market trends affecting properties with similar characteristics. Investors and potential buyers should consider the implications of the remaining lease period, as properties with shorter leases often encounter increased scrutiny in terms of financing and resale prospects. As the market dynamics evolve, ongoing monitoring of HDB resale trends in Pasir Ris will be essential for making informed decisions.