5 Room (5I) HDB for Sale in 113 Pasir Ris Street 11

The valuation of the 5-room HDB unit in Pasir Ris, with a remaining lease of 62 years, is set at an estimated value of $673,767, translating to a price per square foot (PSF) of $478. This valuation indicates a significant market signal, reflecting a premium of 15.8% above the baseline value. Such a deviation suggests a robust demand for HDB properties in this locality, likely driven by various factors including proximity to amenities, transport links, and the overall desirability of the Pasir Ris estate.

However, it is imperative to note that the model confidence for this valuation is categorized as low, which indicates potential volatility in the assessed value. The analysis is based on just four recent HDB resale transactions in the vicinity, suggesting a limited data pool that could impact the reliability of the valuation. Investors and potential buyers should consider the implications of the remaining lease period in conjunction with the surrounding market dynamics, as these elements play a crucial role in long-term asset appreciation and overall investment strategy.