233 Pasir Ris Drive 4 510233, Pasir Ris Drive, East Region, Singapore
$699,000
SUPER CHEAP | SERIOUS SELLER | BELOW VALUATION | LOW DEPOSIT Discover this spacious 5I Model apartment in Pasir Ris, offering 126sqm of functional and comfortable living space — ideal for large or multi-generation families who value privacy and convenience. With no direct afternoon sun, the home stays naturally cool and breezy throughout the day. The layout is generous, featuring four well-sized bedrooms and two bathrooms, perfect for families who appreciate both space and flexibility. Located within walking distance to Pasir Ris MRT (792m) and surrounded by amenities such as Downtown East, Loyang Point, supermarkets, eateries and parks — everything you need is right at your doorstep. - 5I Model | 126sqm - 4 Spacious Bedrooms | 2 Bathrooms - Bright, Windy and Quiet Environment - Naturally Cooling | No Afternoon Sun - Excellent Privacy and Functional Layout - Walk to MRT and Amenities - 3-Month Extension Required - Eligible for Malay and Chinese Ethnic Groups Starting from $699,000 — serious seller, must sell. A rare opportunity to own one of the largest 5I flats in Pasir Ris at an attractive price. Contact Eric Yeo, Senior Associate Group District Director (R009735J) at 8138 XXXX to schedule a viewing before it’s taken.
The following locations are within radius of this property, with distance shown in kilometers.
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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…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$612,519
S$452 psf
Asking Price
S$699,000
S$515 psf
vs Market
+14.1%
vs Last Done
+6.0%
Tenure
65 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Pasir Ris
1415m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$486
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.929
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$452
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2024 | Blk 233 PASIR RIS DR 4 Floor 04 TO 06 | 1,367sqft | S$665,000 | ▲S$486 +7.5% vs FV | 99yr from 1993 |
Aug 2024 | Blk 233 PASIR RIS DR 4 Floor 04 TO 06 | 1,367sqft | S$665,000 | ▲S$486 +7.5% vs FV | 99yr from 1993 |
Blk 233 PASIR RIS DR 4
Aug 2024 · Floor 04 TO 06
+7.5% vs FV
Blk 233 PASIR RIS DR 4
Aug 2024 · Floor 04 TO 06
+7.5% vs FV
HELIOS AI Analysis
The valuation of the HDB 5 room unit in Pasir Ris reflects a significant market signal indicating it is priced above the baseline by 14.1%, with an estimated value of $612,519, equating to $452 per square foot. This premium valuation could be attributed to several factors influencing the local real estate landscape, including demand for larger HDB units and the strategic appeal of the Pasir Ris area, which is known for its proximity to recreational amenities and transport links.
However, it is crucial to note that the model confidence for this valuation is low, primarily grounded in the limited data available, with only one recent resale transaction in the vicinity to reference. The remaining lease of 65 years may also affect buyer sentiment and investment decisions, as potential purchasers weigh the implications of lease expiration on long-term value retention. As such, while the current valuation may reflect a strong local demand, prospective investors should consider the inherent risks associated with low transaction volume and the nuances of leasehold properties in Singapore's evolving market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.