Common Room (HDB) for Rent in 107 Pasir Ris Street 12

The valuation of the HDB 2-room flat located in Pasir Ris, with a remaining lease of 61 years, stands at an estimated value of $114,763, translating to a price per square foot of $717. This valuation reflects a market price that is stable, displaying a 0% difference from the baseline. Such stability suggests that the property is aligning closely with current market trends, indicative of a balanced demand and supply scenario in the HDB resale market within the vicinity.

Based on an analysis of 17 recent HDB resale transactions in the area, the model confidence for this valuation is categorized as medium. This medium confidence level underscores a nuanced understanding of the local market dynamics, where factors such as remaining lease duration, location desirability, and the overall economic landscape play pivotal roles in determining property values. The remaining lease of 61 years is a significant consideration for potential buyers, as it influences both the investment horizon and resale potential. Overall, the Pasir Ris HDB market remains a focal point for discerning investors and homeowners alike, reflecting a robust and resilient property landscape.