5 Room (5A) HDB for Sale in 184 Pasir Ris Street 11

The valuation of the HDB 5 Room property in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $761,061, translating to a price per square foot (PSF) of $516. This valuation, while reflective of the current market dynamics, indicates a modest market price deviation of 2.5% from the established baseline. Such a variance underscores the nuanced fluctuations within the HDB resale market, particularly in a region characterized by its unique demographic and economic factors.

However, it is essential to note that the model confidence associated with this valuation is classified as low. This classification arises from the reliance on only two recent HDB resale transactions within the vicinity, which may not provide a comprehensive representation of the current market landscape. Investors and homeowners should consider this limited dataset when evaluating the potential of this property, especially in the context of the remaining lease period, which plays a critical role in HDB valuations and can significantly influence buyer sentiment and future resale opportunities.