560 Pasir Ris Street 51 510560, Pasir Ris Central, East Region, Singapore
$649,999
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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…


License: L3002382K
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$557,127
S$471 psf
Asking Price
S$649,999
S$549 psf
vs Market
+16.7%
vs Last Done
+9.1%
Tenure
65 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Pasir Ris
715m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$497
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.929
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$471
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2024 | Blk 560 PASIR RIS ST 51 Floor 01 TO 03 | 1,130sqft | S$568,000 | ▲S$503 +6.8% vs FV | 99yr from 1993 |
Oct 2024 | Blk 560 PASIR RIS ST 51 Floor 01 TO 03 | 1,130sqft | S$568,000 | ▲S$503 +6.8% vs FV | 99yr from 1993 |
May 2024 | Blk 560 PASIR RIS ST 51 Floor 04 TO 06 | 1,130sqft | S$555,000 | ▲S$491 +4.2% vs FV | 99yr from 1993 |
Blk 560 PASIR RIS ST 51
Oct 2024 · Floor 01 TO 03
+6.8% vs FV
Blk 560 PASIR RIS ST 51
Oct 2024 · Floor 01 TO 03
+6.8% vs FV
Blk 560 PASIR RIS ST 51
May 2024 · Floor 04 TO 06
+4.2% vs FV
HELIOS AI Analysis
The valuation for the HDB 4 Room unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $557,127, translating to $471 per square foot. This valuation is positioned significantly above the market baseline, reflecting a 16.7% premium. Such a disparity indicates a heightened demand for HDB properties in this locality, driven by various socio-economic factors and urban development initiatives that continue to enhance the desirability of the Pasir Ris area.
However, the model confidence for this valuation is categorized as low, which suggests potential volatility in the market signals. This uncertainty is underscored by the reliance on just two recent HDB resale transactions within the vicinity, which may not provide a comprehensive view of the broader market dynamics. As the remaining lease of this property extends to 65 years, prospective buyers should consider the implications of lease decay as it approaches the 60-year mark, a critical threshold that often influences buyer sentiment and property value appreciation in the long term.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.