5 Room (5I) HDB for Sale in 552 Pasir Ris Street 51

The recent valuation of the HDB 5-room unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $657,463 or $505 PSF. This valuation places the property significantly above the baseline market value, indicating a notable 12.6% premium over comparable transactions in the area. Such an elevated market signal reflects the enduring demand for well-located HDB properties in Pasir Ris, a vibrant and family-friendly district known for its comprehensive amenities, recreational spaces, and proximity to the MRT network.

With a model confidence rating classified as high, this valuation is supported by an extensive analysis of 392 recent HDB resale transactions in the vicinity. The sustained interest in this segment is indicative of broader market dynamics, wherein properties with longer remaining leases tend to attract premium valuations due to perceived security and investment potential. As the Singapore real estate landscape continues to evolve, this case exemplifies the intricate balance of demand, location desirability, and lease tenure, which collectively influence property values in the HDB market.