4 Room (4STD) HDB for Rent in 737 Pasir Ris Drive 10

The HDB 4-room unit in Pasir Ris, boasting a remaining lease of 68 years, has been valued at an estimated price of $552,518, translating to $494 per square foot. This valuation reflects a market price that is currently stable, exhibiting a 0% difference from the baseline, which suggests a balanced equilibrium in demand and supply dynamics within the local HDB market. The stability in pricing is indicative of a broader trend in the vicinity, where recent resale transactions have not shown significant fluctuations, pointing to a resilient market sentiment among buyers.

However, it is crucial to note the model confidence for this valuation is categorized as low, primarily due to the limited dataset derived from only two recent HDB resale transactions in the area. This low level of confidence indicates that while the current valuation is reflective of prevailing market conditions, potential volatility could arise from external factors such as changes in government policies or shifts in buyer sentiment. As the remaining lease of the property is a pivotal element in its valuation, prospective buyers should consider how the lease term may influence long-term investment potential in the evolving Pasir Ris landscape.