5 Room (5I) HDB for Sale in 638 Pasir Ris Drive 1

The HDB 5-room property located in Pasir Ris is currently valued at an estimated $728,862, translating to a price per square foot (PSF) of $560. With a remaining lease of 75 years, this valuation reflects not only the intrinsic value of the unit but also the favorable market dynamics at play in the region. The estimated value is classified as above market, indicating a 5.6% premium over the baseline, which suggests strong demand and desirability for HDBs in this area.

Our analysis is grounded in a robust dataset, having evaluated 392 recent HDB resale transactions within the vicinity, which bolsters the confidence level of this valuation to high. This substantial number of transactions underscores the active market participation in Pasir Ris, driven by factors such as location, amenities, and future development potential. As the demand for HDB properties continues to rise, particularly for those with a longer remaining lease, this valuation positions the property as a competitive option for prospective buyers looking to invest in a thriving community.