4 Room (4A) HDB for Sale in 253 Pasir Ris Street 21

The valuation of the 4-room HDB unit located in Pasir Ris, with a remaining lease of 66 years, is estimated at $588,518, translating to a price per square foot (PSF) of $511. This valuation positions the property above the market baseline by 7%, indicating a robust demand in the local market which may be attributed to several key factors. The high model confidence level reflects a thorough analysis based on 302 recent HDB resale transactions in the vicinity, ensuring a reliable assessment of the property’s worth.

With its remaining lease standing at 66 years, this property benefits from a relatively healthy lease duration, appealing to both families seeking a long-term residence and investors looking for stable rental income. The Pasir Ris area, known for its strategic location and burgeoning amenities, continues to attract interest, further enhancing the desirability and valuation of this HDB unit. As market dynamics evolve, properties that exhibit both quality and longevity potential, such as this one, are likely to remain sought after, reinforcing the observed premium in its valuation.