4-Room HDB for Room Rent: 139 Pasir Ris Street 11

The valuation of the HDB 4-room unit in Pasir Ris presents an intriguing snapshot of the current market dynamics within the area. With a remaining lease of 66 years, the estimated value is pegged at $49,309, translating to a price per square foot (PSF) of $493. This valuation signifies a stable market condition, as indicated by a 0% difference from the baseline market price, suggesting that the property is priced in line with current market expectations.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data derived from only two recent HDB resale transactions in the vicinity. This lack of robust transactional data may indicate a potential gap in market activity or buyer sentiment, which could influence future resale values. As the remaining lease diminishes over time, prospective buyers should remain cognizant of the implications of lease duration on property value, especially in the context of an evolving real estate landscape in Singapore.