5 Room (5I) HDB for Sale in 708 Pasir Ris Drive 10

The valuation of the HDB 5-room unit in Pasir Ris, with a remaining lease of 67 years, stands at an estimated value of $699,533, translating to a price per square foot (PSF) of $512. This valuation is indicative of a robust demand for HDB properties in the area, reflecting a substantial market signal that is 25.8% above the baseline. Such a pronounced premium suggests that buyers are willing to invest significantly more than the average market price, potentially driven by various factors including the strategic location of Pasir Ris, proximity to amenities, and the overall appeal of public housing in Singapore.

With a high model confidence level, this valuation is further supported by an extensive analysis of 338 recent HDB resale transactions in the vicinity. The consistent upward pressure on prices in this segment indicates not only a resilient housing market but also a favorable demographic trend, with growing interest from families seeking spacious living environments. As the remaining lease of 67 years still offers a considerable duration for habitation, it enhances the unit's attractiveness, positioning it as a lucrative investment opportunity in the long-term residential landscape of Singapore.