5 Room (5I) HDB for Sale in 117 Pasir Ris Street 11

The valuation of the HDB 5-room property located in Pasir Ris reflects a robust market positioning, with an estimated value of $617,231, translating to a price per square foot (PSF) of $470. This valuation is notably above the market baseline, showcasing a significant 34.5% premium over comparable properties in the vicinity. Such an elevated valuation indicates strong demand dynamics, driven by the appealing attributes of the Pasir Ris area, including its proximity to amenities, transport links, and recreational facilities.

With a remaining lease of 61 years, this property maintains a competitive edge in the market, particularly in a landscape where lease duration can heavily influence buyer sentiment and investment decisions. The high model confidence level, supported by an analysis of 54 recent HDB resale transactions, underscores the reliability of this valuation. As the market evolves, the Pasir Ris locality continues to attract interest, suggesting that properties within this segment may yield favorable returns for potential investors and homeowners alike.