5 Room (5A) HDB for Rent in 230 Pasir Ris Street 21

The current valuation for the HDB 5-room unit in Pasir Ris stands at approximately $692,038, translating to a price per square foot (PSF) of $476. This assessment is based on a remaining lease of 65 years, which is a critical factor influencing both the property's perceived value and its marketability. The valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is priced in alignment with current market conditions.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set comprising only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may suggest a potential volatility in the market dynamics of the area. As such, prospective buyers should approach this valuation with caution, considering both the longevity of the lease and the overall stability of the Pasir Ris property market. The interplay between remaining lease duration and market demand will play a pivotal role in determining future appreciation potential.