4-Room HDB for Room Rent: 216 Pasir Ris Street 21

HELIOS AI Analysis

<p>The valuation of the 4-room HDB in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of <strong>$75,402</strong>, translating to a price per square foot (PSF) of <strong>$503</strong>. This valuation reflects a stable market condition, showcasing a market price that is aligned with the baseline, indicating a <strong>0% difference</strong>. Such stability suggests that the property is well-positioned within the current market trends, providing a reliable investment option for potential buyers.</p> <p>Our analysis is underpinned by comprehensive data drawn from <strong>424 recent HDB resale transactions</strong> in the Pasir Ris vicinity, which bolsters the model's confidence level classified as <strong>high</strong>. The consistent performance of HDB properties in this area, despite fluctuations in the overall real estate market, illustrates the enduring appeal of Pasir Ris as a residential hub. The remaining lease of 65 years is favorable, as it provides a substantial window for appreciation, while the current valuation suggests that buyers can acquire this property without overextending financially in a competitive market. Overall, this HDB offering represents a strategic opportunity within the vibrant landscape of Singapore's housing market.</p>