Common Room (HDB) for Rent in 182 Pasir Ris Street 11

The valuation of the 2-room HDB unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $85,325, translating to a price per square foot of $533. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand and supply equilibrium in the current market landscape. The absence of any notable variance from the baseline price suggests that the property is positioned within a competitive segment of the HDB market, particularly for similar units in the vicinity.

However, it is essential to note that the model confidence for this valuation is categorized as low, which implies that there may be underlying factors influencing the local market that are not fully captured by the recent transactions. The analysis is based on four recent HDB resale transactions in the area, indicating a cautious outlook as these figures reflect a limited dataset. Investors and potential buyers should be aware of the dynamics at play, including the implications of the remaining lease period and the overall market sentiment in Pasir Ris, which may impact future resale values and investment potential.