5 Room (5I) HDB for Rent in 189 Pasir Ris Street 12

The valuation of the HDB 5-room unit located in the highly sought-after Pasir Ris area reflects a current estimated market value of $691,016, translating to a price per square foot (PSF) of $494. With a remaining lease of 66 years, this property sits at a pivotal intersection of market dynamics, presenting both opportunities and challenges for potential buyers and investors. The valuation indicates a market price that aligns closely with the baseline, showcasing a 0% difference, signifying stability in the area despite broader economic fluctuations.

It is important to note that the model confidence rating is categorized as low, primarily due to the reliance on a limited dataset consisting of just one recent HDB resale transaction within the vicinity. This scarcity of transactional data may impact the reliability of the valuation, as real estate markets can be influenced by various external factors such as macroeconomic trends, neighborhood developments, and shifts in buyer sentiment. Therefore, potential investors should approach this valuation with a discerning perspective, weighing the long-term implications of the remaining lease, as well as the overall market conditions within Pasir Ris.