118 Pasir Ris Street 11 510118, Pasir Ris Drive, East Region, Singapore
$650,000
☆ Enjoy The Spacious Living ☆ ▪︎ 5-Room @ BLK 118 Pasir Ris St 11▪︎ - 3 Bedroom + Study Room - Corner - 4th Floor - Original. Renovate To Own Taste. - Approx.122m² - Unblocked View - Full Privacy - Schools & Amenities - EIP Open to Malay/Chinese - 3-month extension of stay.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…

License: L3008022J
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$572,969
S$436 psf
Asking Price
S$650,000
S$495 psf
vs Market
+13.4%
vs Last Done
+0.8%
Tenure
61 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Pasir Ris
901m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$491
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.871
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$436
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2024 | Blk 118 PASIR RIS ST 11 Floor 10 TO 12 | 1,324sqft | S$650,000 | ▲S$491 +12.6% vs FV | 99yr from 1989 |
Sep 2024 | Blk 118 PASIR RIS ST 11 Floor 10 TO 12 | 1,324sqft | S$650,000 | ▲S$491 +12.6% vs FV | 99yr from 1989 |
Blk 118 PASIR RIS ST 11
Sep 2024 · Floor 10 TO 12
+12.6% vs FV
Blk 118 PASIR RIS ST 11
Sep 2024 · Floor 10 TO 12
+12.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 5 Room unit in Pasir Ris, with a remaining lease of 61 years, is estimated at $572,969, translating to $436 PSF. This assessment signals a pricing position that is notably above the market baseline by 13.4%, indicating a potential premium for this property type in the current market landscape. Such a valuation suggests that buyers are willing to pay a higher price, likely influenced by the desirability of the Pasir Ris area, which is characterized by its proximity to amenities and recreational spaces.
However, it is essential to note that the model confidence in this valuation remains low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This limited data set may not fully capture the broader market dynamics or the unique characteristics of this specific property. As such, while the premium price point may attract certain buyers, a more comprehensive analysis would be necessary to ascertain the sustainability of this valuation in the long term, especially considering the remaining lease period and the potential impact on future resale opportunities.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.