5 Room (5I) HDB for Sale in 232 Pasir Ris Drive 4

The HDB 5-room unit located in Pasir Ris, with a remaining lease of 65 years, presents an estimated value of $619,808, translating to a price per square foot (PSF) of $476. This valuation sits notably above the market baseline, reflecting a substantial differential of 12.8%. Such a premium suggests a perceived value among potential buyers, likely driven by factors including location desirability, amenities, and overall market sentiment in the Pasir Ris area.

However, it is critical to note the model confidence for this valuation is classified as low, indicating potential volatility or inconsistency in comparable sales data. The valuation is derived from only three recent HDB resale transactions in the vicinity, which may not provide a robust enough sample size to capture the full market dynamics comprehensively. As the remaining lease term of 65 years aligns with typical buyer preferences, it will be essential to monitor the evolving landscape of HDB resale prices and leasehold value perceptions in the coming months.