Executive HDB for Sale in 161 Pasir Ris Street 13

The HDB Executive unit in Pasir Ris, with a remaining lease of 66 years, is currently estimated at a value of $865,138, equivalent to $538 PSF. This valuation reflects a significant consideration of the current market dynamics and the inherent value associated with the remaining lease period. The property is positioned within a vibrant community, benefiting from the strategic location and amenities that Pasir Ris offers, thus enhancing its desirability among prospective buyers.

Analysis of recent market activity indicates a 4.6% variance from the baseline market price, underscoring a robust demand for HDB properties in this region. With model confidence at a high level, derived from 278 recent HDB resale transactions in the vicinity, this valuation aligns well with prevailing market trends. The strong confidence level indicates that factors such as location, lease tenure, and recent comparable sales are effectively captured in the valuation model, affirming the property’s competitive positioning in the market.