5-Room HDB for Room Rent: 767 Pasir Ris Street 71

The valuation of the 5-room HDB property located in Pasir Ris has been meticulously analyzed, revealing an estimated market value of $65,310, translating to a price per square foot (PSF) of $527. This valuation is particularly notable as it reflects a market price that is in equilibrium, registering a 0% difference from the baseline. Such stability in pricing suggests a well-balanced demand-supply dynamic in the Pasir Ris area, making it an attractive consideration for potential buyers and investors alike.

With 68 years remaining on the lease, this property retains a significant tenure, appealing to families and individuals looking for a long-term residence. The model confidence level is categorized as high, grounded in a robust dataset comprising 409 recent HDB resale transactions in the vicinity. This extensive analysis underscores the resilience of the Pasir Ris HDB market, indicating that despite broader economic fluctuations, properties in this locale maintain their intrinsic value, driven by ongoing demand and community development initiatives.