5 Room (5I) HDB for Sale in 486 Pasir Ris Drive 4

In this exclusive valuation report, we analyze a 5-room HDB unit located in the desirable enclave of Pasir Ris, which boasts a remaining lease of 64 years. The estimated value of this property stands at $634,655, translating to an impressive $487 per square foot (PSF). This valuation is notably positioned above the market average, reflecting a 14.2% premium over the baseline, underscoring the strong demand and desirability of the Pasir Ris area in the current real estate landscape.

The high model confidence rating, derived from a substantial dataset of 392 recent HDB resale transactions in the vicinity, reinforces the credibility of this valuation. As the market for HDB properties continues to evolve, the remaining lease of 64 years is a significant factor that potential buyers weigh heavily in their decision-making process. Properties in Pasir Ris often benefit from proximity to amenities and a family-friendly environment, contributing to their robust performance in the resale market. This valuation signals a sustained interest in HDB living, particularly in well-located areas, indicating a resilient market dynamic that warrants close attention from both investors and homebuyers alike.