4-Room HDB for Room Rent: 473 Pasir Ris Drive 6

The valuation of the 4-room HDB unit in Pasir Ris reflects a calculated estimate of $49,008, translating to a price per square foot (PSF) of $490. This valuation is grounded in a robust analysis of 430 recent HDB resale transactions within the vicinity, providing a comprehensive market overview. The remaining lease of 62 years is a critical factor, as it positions the property within a favorable range for potential buyers who are increasingly prioritizing lease longevity when making investment decisions.

With a market price deviation of 0% from the baseline, this valuation suggests a stability in the HDB market, particularly in the Pasir Ris area. The high model confidence indicates a strong alignment with current market dynamics, reinforcing the attractiveness of the property. Buyers are likely to find this valuation appealing as it reflects a well-balanced pricing strategy amidst fluctuating market conditions, ensuring that the investment remains viable over the long term. The data-driven insights from this analysis underscore the significance of lease duration and market resilience, key components shaping the future of HDB valuations in Singapore.