5 Room (5I) HDB for Sale in 487 Pasir Ris Drive 4

The valuation of the HDB 5 Room unit in Pasir Ris, with a remaining lease of 64 years, stands at an estimated value of $628,972, translating to a price per square foot (PSF) of $487. This valuation reflects a robust market signal, indicating a price that is 11.3% above the baseline, suggesting strong demand and competitive interest in this locality. This premium positioning can be attributed to several factors prevalent in the Pasir Ris area, including its strategic location, accessibility to amenities, and overall community appeal.

Our analysis, grounded in high model confidence, is reinforced by data drawn from 240 recent HDB resale transactions within the vicinity. The upward valuation trend signals a resilient market environment, where buyers are willing to invest beyond baseline prices, likely due to the desirability of HDB living in Pasir Ris. Furthermore, the remaining lease of 64 years offers a balanced consideration for potential homeowners, ensuring that while the lease is not at its maximum, it still provides ample time for appreciation and habitation. This HDB unit exemplifies the dynamic interplay of lease longevity, market conditions, and buyer sentiment, making it a noteworthy investment opportunity in Singapore’s evolving property landscape.