761 Pasir Ris Street 71 510761, Pasir Ris West, East Region, Singapore
$600,000
✓ Serious seller ✓ Seller taking Contra. Extension required. ✓ Mid-floor, non-corridor unit ✓ Original condition, ideal for renovation to your preferred style ✓ Open kitchen, perfect for island table ✓ Comes with big and squarish yard ✓ Efficient layout, no odd shape ✓ Spacious dining and living area ✓ Convenient with plenty of amenities nearby ✓ Near Meridian Primary, Tampines Meridian JC, Pasir Ris West Plaza, IKEA & Giant View on HDB Listing Portal https://homes.hdb.gov.sg/home/resale/6548 Connect with me: Facebook: www.facebook.com/melvinsimproperty Instagram: @melvinsimproperty TikTok: @melvinsimproperty Your trusted real estate professional Melvin Sim 8686 XXXX Associate Group Director PropNex
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…


License: L3010738A
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$554,915
S$487 psf
Asking Price
S$600,000
S$526 psf
vs Market
+8.1%
vs Last Done
+4.4%
Tenure
67 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Pasir Ris
1748m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$509
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.957
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$487
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2024 | Blk 761 PASIR RIS ST 71 Floor 04 TO 06 | 1,141sqft | S$575,000 | ▲S$504 +3.5% vs FV | 99yr from 1996 |
Oct 2024 | Blk 761 PASIR RIS ST 71 Floor 04 TO 06 | 1,141sqft | S$575,000 | ▲S$504 +3.5% vs FV | 99yr from 1996 |
May 2024 | Blk 761 PASIR RIS ST 71 Floor 10 TO 12 | 1,130sqft | S$580,000 | ▲S$513 +5.3% vs FV | 99yr from 1996 |
Blk 761 PASIR RIS ST 71
Oct 2024 · Floor 04 TO 06
+3.5% vs FV
Blk 761 PASIR RIS ST 71
Oct 2024 · Floor 04 TO 06
+3.5% vs FV
Blk 761 PASIR RIS ST 71
May 2024 · Floor 10 TO 12
+5.3% vs FV
HELIOS AI Analysis
The HDB 4-room unit in Pasir Ris, presently valued at $554,915, reflects a price per square foot of $487. With a remaining lease of 67 years, the property stands at an intriguing intersection of market dynamics and valuation metrics. The estimated value indicates an 8.1% premium above the baseline, suggesting that the property is positioned favorably compared to comparable listings. This elevated valuation could be attributed to various factors, including the neighborhood's appeal, accessibility, and amenities that enhance the overall desirability of the unit.
However, it is imperative to note that the model confidence for this valuation is categorized as low, based on a limited dataset of only two recent HDB resale transactions in the vicinity. This lack of robust transaction data may contribute to volatility in the valuation and signals a cautious approach for potential buyers and investors. As the market adjusts to evolving economic conditions and buyer sentiment, it will be essential to monitor future transactions closely to ascertain the sustainability of this above-market valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.