Common Room (HDB) for Rent in 112 Pasir Ris Street 11

The HDB 2 Room unit located in the tranquil precinct of Pasir Ris, with a remaining lease of 62 years, presents an estimated value of $89,158, translating to a price per square foot (PSF) of $743. This valuation is noteworthy as it indicates a stable market position, reflecting a 0% difference from the baseline market price. Such stability suggests that the property is currently aligned with market expectations, which could be interpreted as a signal of resilience in the Pasir Ris HDB sector.

Analyzing the local market dynamics, this valuation is grounded in data from 16 recent HDB resale transactions in the vicinity, offering a robust snapshot of current market conditions. However, the medium confidence level suggests that while the valuation is reliable, it may be influenced by certain external factors, including broader economic conditions and shifts in buyer sentiment. Investors and homeowners should consider these elements carefully, particularly given the remaining lease of the property, which plays a critical role in long-term investment sustainability in Singapore's unique housing landscape.