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

The valuation of the HDB 5 Room unit in Pasir Ris, with an estimated value of $638,063, reflects a strong market position, indicated by a notable price per square foot (PSF) of $486. This valuation is underscored by a remaining lease of 64 years, which provides a substantial tenure for potential buyers, enhancing the property’s appeal in a competitive market. Given the area’s robust demand dynamics, this unit stands as an attractive option for both first-time buyers and long-term investors.

Notably, the property is assessed to be above the market baseline by 9.7%, which is indicative of heightened buyer interest and a scarcity of comparable listings within the vicinity. The high confidence level of this model is supported by an analysis of 239 recent HDB resale transactions in the area, further solidifying the valuation’s reliability. As the Pasir Ris region continues to develop and mature, the combination of a favorable lease duration and a premium valuation underscores the unit's potential for capital appreciation, making it a compelling choice in Singapore's evolving real estate landscape.