5 Room (5A) HDB for Rent in 188 Pasir Ris Street 12

The valuation of the 5-room HDB unit in Pasir Ris, with a remaining lease of 75 years, stands at an estimated value of $766,742, translating to a price per square foot (PSF) of $570. This valuation reflects a market price that is currently aligned with the baseline, indicating a 0% difference. Such stability in pricing suggests that the Pasir Ris area remains a resilient choice for potential buyers, particularly given the ongoing demand for HDB properties in Singapore.

However, it is important to note that the model confidence for this valuation is classified as low, which implies that the analysis is based on a limited dataset. The valuation is derived from only three recent HDB resale transactions in the vicinity, which may not fully capture the broader market dynamics or potential fluctuations influenced by external economic factors. As the remaining lease of 75 years offers a reasonable time frame for ownership, prospective buyers should consider both the current market stability and the future implications of lease longevity when making investment decisions in this evolving landscape.