4-Room HDB for Room Rent: 112 Pasir Ris Street 11

In the current real estate landscape of Singapore, the valuation of a 4-room HDB unit in Pasir Ris, with a remaining lease of 62 years, stands at an estimated value of $48,102, equating to a price per square foot (PSF) of $481. This valuation is particularly noteworthy given that it reflects a market price with a 0% deviation from the baseline, suggesting a stable yet cautious market environment. The low confidence level in this model indicates potential volatility in the market, which may be influenced by broader economic factors and the specific dynamics of the Pasir Ris district.

The underlying market signals are derived from four recent HDB resale transactions in the vicinity, providing a limited yet relevant snapshot of current market activity. The retention of a 62-year lease is significant; while it offers a reasonable duration for occupancy, it may also pose concerns for potential buyers regarding long-term value appreciation. As the Singapore property landscape continues to evolve, it is essential for prospective investors to approach such valuations with a discerning eye, balancing the leasehold duration with the ongoing shifts in market sentiment and demand dynamics.