5 Room (5I) HDB for Sale in 182 Pasir Ris Street 11

The valuation of the HDB 5 room unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $683,907, translating to a price per square foot of $508. This valuation indicates a market signal that is notably above the baseline, showcasing a 17% premium over comparable properties within the vicinity. Such a significant differential suggests a heightened demand for properties in this area, potentially driven by factors such as improved connectivity, local amenities, and the overall desirability of Pasir Ris as a residential hub.

However, the model confidence on this valuation is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction informing the analysis. This lack of robust transactional data may lead to volatility in property values and presents a degree of uncertainty for potential buyers and investors. It is essential for stakeholders to consider the broader market dynamics and historical trends in HDB sales when evaluating this property, particularly in relation to the remaining lease period, which can significantly influence long-term investment potential.