637 Pasir Ris Drive 1 510637, Pasir Ris West, East Region, Singapore
$638,000
Discover the perfect family home at 637 Pasir Ris Drive 1. Nestled in a mature and sought-after estate, this 4-room HDB flat offers unparalleled convenience, excellent connectivity, and a tranquil living environment surrounded by nature. Excellent Connectivity: 4 bus stops to Pasir Ris MRT Interchange (EWL) , White Sands, and the Pasir Ris Mall. Future-Proof Investment: Just a short walk to the future Elias MRT Station on the Cross-Island Line (opening ~2032), promising enhanced connectivity and property value. Unbeatable Convenience: 4-minute walk to Elias Mall for your daily groceries, hawker food, and retail needs. 10-minute walk to Pasir Ris West Plaza for more shopping and dining options. Supermarkets nearby: NTUC FairPrice (Pasir Ris West Plaza) and Sheng Siong (Elias Mall) . Perfect for Families: 3 Primary Schools within 1km: Elias Park Primary School Meridian Primary School Park View Primary School My First Skool preschool is conveniently located just below the block – zero stress for morning drop-offs! Leisure & Nature at Your Doorstep: Located near the whimsical Brontosaurs Parks – a hit with kids and perfect for family outings. Direct access to the Park Connector Network (PCN), ideal for cycling and jogging to the sprawling Pasir Ris Park and beach. The Unit: Spacious 4-room HDB layout, ideal for growing families. Well-ventilated and bright unit. Squarish layout, no odd shapes. Separated living and dining hall. Photos are enhanced using AI to remove some furniture, etc.
The following locations are within radius of this property, with distance shown in kilometers.
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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…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$578,573
S$517 psf
Asking Price
S$638,000
S$570 psf
vs Market
+10.3%
vs Last Done
+4.0%
Tenure
66 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Pasir Ris
1080m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$548
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.943
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$517
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 637 PASIR RIS DR 1 Floor 07 TO 09 | 1,119sqft | S$613,888 | ▲S$548 +6.0% vs FV | 99yr from 1995 |
Nov 2024 | Blk 637 PASIR RIS DR 1 Floor 07 TO 09 | 1,119sqft | S$613,888 | ▲S$548 +6.0% vs FV | 99yr from 1995 |
Blk 637 PASIR RIS DR 1
Nov 2024 · Floor 07 TO 09
+6.0% vs FV
Blk 637 PASIR RIS DR 1
Nov 2024 · Floor 07 TO 09
+6.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room property located in Pasir Ris reflects an estimated value of $578,573, translating to a price per square foot (PSF) of $517. With a remaining lease of 66 years, this property stands at a notable premium, exhibiting a market signal that is 10.3% above the baseline. Such a valuation indicates a strong demand for HDB units in this area, potentially driven by the appealing amenities and infrastructure that Pasir Ris offers.
However, it is important to note that the model confidence for this valuation is rated as low, primarily due to the limited data set which is based on only one recent HDB resale transaction in the vicinity. This signifies that while the property is currently valued above market expectations, the lack of multiple comparable transactions may lead to volatility in future valuations. Investors and potential homeowners should consider the implications of the remaining lease period and the fluctuating market dynamics as they evaluate this opportunity within the broader context of Singapore's evolving real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.