4 Room (4A) HDB for Sale in 761 Pasir Ris Street 71

The subject HDB 4-room unit in Pasir Ris, with a remaining lease of 67 years, is currently valued at approximately $544,692, translating to a price per square foot (PSF) of $487. This valuation places the property significantly above the market baseline by 19.3%, indicating a premium positioning in the local real estate landscape. Such a substantial differential suggests that the property may exhibit desirable attributes that are compelling to potential buyers, which may include its specific location, access to amenities, or a unique layout that appeals to families and young professionals alike.

However, it is essential to note that the model confidence in this valuation remains low, primarily due to the limited dataset of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales could lead to volatility in future valuations and market signals. As the remaining lease diminishes, market sentiment towards older HDB properties can shift, potentially influencing buyer demographics and demand dynamics in Pasir Ris. Investors and homeowners alike should proceed with caution, considering both the current valuation and the implications of leasehold tenure on long-term property appreciation.