5 Room (5I) HDB for Sale in 417 Pasir Ris Drive 6

The valuation of the HDB 5-room unit in Pasir Ris, with an estimated value of $668,431 (equating to $509 PSF), positions it at a notable premium above the market baseline by approximately 10.4%. This elevated valuation reflects the ongoing demand for HDB properties in the Pasir Ris area, which is characterized by its family-friendly environment and proximity to essential amenities. With a remaining lease of 62 years, the property remains attractive to potential buyers who are looking for long-term residency in a well-established neighborhood.

However, it is essential to note that the model confidence is categorized as low, primarily influenced by the limited data pool from only one recent resale transaction in the vicinity. This scarcity of comparable sales may indicate a volatile market sentiment, suggesting that buyers should approach this valuation with caution. The unique dynamics of the Pasir Ris HDB market, coupled with the remaining lease duration, will be critical in determining the future transaction potential of this property. Stakeholders are advised to monitor ongoing market trends closely to assess the sustainability of current valuations in the context of broader economic conditions.