5 Room (5I) HDB for Sale in 109 Pasir Ris Street 11

The valuation of the HDB 5 Room unit in Pasir Ris, with a remaining lease of 63 years, stands at an estimated value of $651,064, translating to a price per square foot (PSF) of $492. This assessment places the property above the market baseline by a notable 12.1%, indicating a robust demand for HDB units in this region. The strong valuation is supported by high model confidence, derived from an analysis of 216 recent HDB resale transactions in the vicinity, showcasing an informed perspective on current market dynamics.

Several factors contribute to this above-market valuation. Firstly, the Pasir Ris area is experiencing a resurgence in popularity, driven by its strategic location, accessibility to amenities, and a family-friendly environment. Additionally, the remaining lease of 63 years provides a substantial timeline for prospective buyers, mitigating concerns typically associated with shorter leases. As demand continues to outpace supply in this sought-after locale, properties such as this HDB unit are likely to maintain their value, making it a compelling option for both investors and owner-occupiers alike.