4 Room (4A) HDB for Sale in 461 Pasir Ris Drive 4

The HDB 4-room unit located in Pasir Ris, boasting a remaining lease of 65 years, presents an estimated value of $545,894, translating to a price per square foot (PSF) of $483. This valuation signals a notable premium in the current market, standing at a substantial 17.2% above the baseline market expectations. Such a divergence from the baseline value underscores the competitive nature of the Pasir Ris area, which has shown resilience against broader market fluctuations.

However, it is essential to approach this valuation with caution, given the low model confidence attributed to the analysis, which is derived from only one recent HDB resale transaction in the vicinity. This limited data set may not fully encapsulate the nuanced dynamics of the local property market, suggesting that prospective buyers should conduct further due diligence. The remaining lease of 65 years may also play a critical role in influencing buyer sentiment and future resale potential, as properties with shorter leases tend to experience depreciation in value over time. As the market continues to evolve, keeping a close watch on transaction volumes and pricing trends will be vital for stakeholders in the Pasir Ris HDB market.