5-Room HDB for Room Rent: 106 Pasir Ris Street 12

The valuation for the HDB 5 Room unit in Pasir Ris, with a remaining lease of 61 years, stands at an estimated value of $61,216, translating to $408 per square foot. This valuation is notably aligned with the current market price, indicating a 0% difference from the baseline. Such stability in pricing may suggest a consistent demand for HDB properties in this region, reflecting the potential resilience of the local housing market amidst broader economic fluctuations.

However, it is important to note that the model confidence in this valuation is categorized as low, primarily due to the reliance on a single recent HDB resale transaction in the vicinity. This limited data could indicate potential volatility in valuations as further transactions unfold. As the remaining lease diminishes, market dynamics may shift, influencing both buyer sentiment and investment potential. Investors and homeowners should remain vigilant and consider the lease duration as a critical factor in their decision-making processes.