5 Room (5I) HDB for Sale in 484 Pasir Ris Drive 4

The valuation of the HDB 5-room unit in Pasir Ris, with a remaining lease of 64 years, stands at an estimated value of $649,905, translating to a price per square foot (PSF) of $487. This valuation is significant, as it reflects a market signal that is approximately 7.7% above the established baseline for comparable properties in the area. Such a premium valuation indicates a strong demand for HDB units in Pasir Ris, driven by various factors including location desirability, proximity to amenities, and overall market sentiment.

Given the model's high confidence level, derived from a robust analysis of 240 recent HDB resale transactions in the vicinity, it is evident that the Pasir Ris market is experiencing upward pressure on prices. The remaining lease of 64 years is a key consideration for potential buyers, as it offers a manageable lease duration that is still substantial enough to attract interest from both owner-occupiers and investors. As the market continues to evolve, this property represents a compelling opportunity within a vibrant and dynamic neighborhood.