4-Room HDB for Room Rent: 256 Pasir Ris Street 21

The valuation of the 4-room HDB unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $51,176, translating to $512 per square foot (PSF). This valuation is grounded in robust market analysis, reflecting a high level of confidence due to the integration of data from 429 recent HDB resale transactions within the vicinity. The calculated market price indicates a 0% difference from the baseline, suggesting that the property is priced in alignment with prevailing market conditions, thereby reinforcing its attractiveness to potential buyers.

The Pasir Ris area remains a sought-after locale for HDB living, characterized by its well-established amenities and connectivity. The remaining lease of 66 years positions this property favorably within the market, offering buyers a sufficient tenure for residential dwelling while also holding value against the backdrop of Singapore's evolving real estate landscape. This stability in valuation, paired with high model confidence, signals a steady demand for HDB units in this region, making it an appealing option for both first-time buyers and investors seeking long-term rental opportunities.