5 Bed Bungalow (Landed) for Sale in Pasir Ris Beach Park

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 50 years, stands at an estimated value of $3,209,606, translating to $408 per square foot (PSF). This figure is notably positioned above the market average, reflecting a substantial 176.9% difference from the baseline valuation. Such a significant premium indicates a robust demand for housing in this locality, suggesting that buyers are willing to pay a premium for the unique characteristics and amenities associated with this property type.

The high model confidence, based on 326 recent HDB resale transactions in the vicinity, further reinforces the credibility of this valuation. Factors contributing to this elevated price point include the strategic location of Pasir Ris, which offers residents access to a plethora of amenities, including recreational facilities, shopping malls, and reputable schools. Additionally, the proximity to public transport networks enhances connectivity, making this property an attractive choice for families and professionals alike. As the market continues to evolve, this valuation may serve as a benchmark for future transactions and investment opportunities in the area.