5 Room (5I) HDB for Sale in 487 Pasir Ris Drive 4

The valuation of the HDB 5-room unit in Pasir Ris, with a remaining lease of 75 years, stands at an estimated value of $723,333, equating to $560 per square foot (PSF). This valuation reflects a solid market stance, demonstrating a 3.7% deviation from the established baseline. Such a minor variance indicates a stable demand in the vicinity and affirms the property’s competitive positioning within the local real estate landscape.

Our analysis is grounded in a robust dataset, comprising 402 recent HDB resale transactions within the area, which enhances the reliability of our valuation. The high model confidence rating underscores the analytical rigor undertaken in evaluating current market trends, including buyer sentiments and prevailing lease dynamics. In a market where remaining lease duration significantly impacts value perception, this HDB unit's 75-year lease remains a strategic asset, appealing to both first-time buyers and investors seeking long-term value in the Pasir Ris locale.