5 Room (5I) HDB for Sale in 724 Pasir Ris Street 72

The HDB 5 Room property located in Pasir Ris, with a remaining lease of 67 years, has been valued at an estimated price of $677,528, translating to a price per square foot (PSF) of $512. This valuation reflects a significant premium in the current market, standing at 15.9% above the baseline value derived from comprehensive market analysis. Such a price adjustment indicates a robust demand for HDB properties in Pasir Ris, which is supported by recent resale transactions that exhibit a high level of activity in the area.

With model confidence rated as high, our analysis is based on a substantial dataset of 338 recent HDB resale transactions in the vicinity, providing a reliable perspective on current market trends. The above-market valuation not only underscores the desirability of this location but also highlights the strategic positioning of Pasir Ris within Singapore’s real estate landscape, where factors such as accessibility, amenities, and community development continue to drive interest among potential buyers. As the property market evolves, the length of the remaining lease is a critical consideration, yet the current premium suggests that this HDB unit is poised to maintain its value, making it an attractive investment opportunity for discerning buyers.