4 Room (4A) HDB for Sale in 748 Pasir Ris Street 71

The valuation of the HDB 4 Room unit in Pasir Ris, with a remaining lease of 68 years, stands at an estimated value of $595,221, which translates to a price per square foot (PSF) of $527. This valuation reflects a robust market position, indicated by a mere 0.8% difference from the baseline price, suggesting strong demand and stable pricing trends within this precinct. The model confidence is rated as high, supported by comprehensive analysis derived from 425 recent HDB resale transactions in the vicinity, which provides a solid foundation for this valuation.

In the context of Singapore’s evolving real estate landscape, the Pasir Ris area remains a desirable location, particularly for families seeking spacious accommodations coupled with convenient access to amenities and transport links. The remaining lease of 68 years positions this property favorably within the market, as buyers typically exhibit a preference for units with longer leases, thereby enhancing the unit's appeal. As market dynamics continue to evolve, the relatively close alignment with baseline pricing underscores the resilience of HDB properties in this region, highlighting their enduring value in the Singapore real estate market.