6 Bed Bungalow (Landed) for Sale in Toh Estate

The valuation of the HDB Executive property in Pasir Ris, with a remaining lease of 86 years, stands at an estimated value of $5,970,821, translating to a price per square foot (PSF) of $599. This valuation is notably above the market baseline, reflecting a significant 126.1% difference, indicating robust demand and a premium positioning within the local real estate landscape. Such a premium suggests that buyers are willing to invest at elevated prices, likely driven by the property’s strategic location, amenities, and the overall desirability of the Pasir Ris area.

The model confidence rating for this valuation is assessed as High, underpinned by a comprehensive analysis of 323 recent HDB resale transactions within the vicinity. This data not only reinforces the valuation but also highlights the prevailing market dynamics, where the demand for HDB properties, particularly those with longer remaining leases, continues to outstrip supply. The resilience of the Pasir Ris market is indicative of a broader trend in Singapore's housing market, where quality and longevity of leasehold properties are increasingly sought after, thus propelling values higher in this segment.