4 Room (4A) HDB for Sale in 482 Pasir Ris Drive 4

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 62 years, stands at an estimated value of $532,135, translating to a price per square foot of $480. This valuation indicates a significant market signal, reflecting an 11.8% premium above the baseline valuation for similar properties in the area. Such a discrepancy suggests a robust demand for HDB units in Pasir Ris, which is likely driven by the area's accessibility, amenities, and overall appeal as a residential choice.

Our analysis is underpinned by a high model confidence level, derived from a comprehensive study of 425 recent HDB resale transactions within the vicinity. This extensive dataset enhances the reliability of our valuation, highlighting the resilience of the Pasir Ris market amidst fluctuating economic conditions. The remaining lease of 62 years is noteworthy, as properties with longer leases tend to attract more interest, especially among families looking for a long-term investment. As such, this valuation not only reflects current market dynamics but also positions the property favorably for future appreciation, making it a compelling option for potential buyers.