5 Room (5I) HDB for Rent in 231 Pasir Ris Drive 4

The valuation of the HDB 5-room unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $673,885, reflecting a price per square foot (PSF) of $489. This valuation indicates a stable market position, as evidenced by the market price showing a 0% difference from the baseline. Such stability suggests that the property is well-aligned with current market trends and demands, making it an appealing option for potential buyers seeking long-term investment opportunities within this vibrant district.

However, it is essential to note that the model confidence in this valuation is categorized as low, indicating potential variability in the market's response to changing economic conditions or property-specific factors. The analysis is drawn from three recent HDB resale transactions in the vicinity, which provide a foundational framework for assessing the property’s value. As the Pasir Ris area continues to develop, it will be crucial for stakeholders to monitor lease dynamics and market fluctuations closely, as these elements will significantly influence future valuations and investment decisions.