5 Bed Corner Terrace (Landed) for Sale in Avila Terrace

The HDB Executive unit located in Pasir Ris, with a remaining lease of 65 years, has been appraised at an estimated value of $1,430,204, translating to a price per square foot (PSF) of $530. This valuation positions the property significantly above the market baseline, showcasing a remarkable 242.6% difference. Such a premium valuation reflects the increasing desirability of HDB properties in this locale, driven by various factors including the area's accessibility, proximity to essential amenities, and the overall growth dynamics of the Pasir Ris estate.

The model confidence for this valuation is categorized as high, supported by an extensive analysis of 282 recent HDB resale transactions in the vicinity. This robust dataset underpins the valuation, indicating a strong market demand for executive flats in Pasir Ris. The elevated price point signifies not only the property’s intrinsic value but also the ongoing trend of appreciating HDB prices within Singapore's real estate landscape. Investors and homeowners alike should take note of these market signals, as they underscore the potential for future value appreciation in this thriving residential enclave.