5 Room (5I) HDB for Sale in 185 Pasir Ris Street 11

This HDB 5 Room property located in the desirable enclave of Pasir Ris demonstrates a compelling market positioning with an estimated value of $665,806, translating to a price per square foot (PSF) of $503. With a remaining lease of 66 years, this property benefits from a significant tenure that enhances its appeal, particularly to families seeking stability in a community-centric environment. The valuation reflects a robust market signal, with an impressive 9.6% premium above the baseline, indicating strong demand and a competitive landscape for HDB units in this precinct.

The analysis is underpinned by a thorough assessment of 396 recent HDB resale transactions within the vicinity, establishing a high model confidence in the valuation. The sustained interest in Pasir Ris is indicative of its strategic location, accessibility, and the vibrancy of local amenities, which collectively bolster the desirability of HDB living. As the market continues to evolve, the remaining lease period is not only a vital consideration for potential buyers but also a crucial factor influencing the long-term value trajectory of this asset. The current valuation suggests that investors and homeowners alike should consider this opportunity with a keen eye on the prevailing market dynamics.