Common Room (HDB) for Rent in 513 Pasir Ris Street 52

The valuation of the HDB 2-room unit in Pasir Ris, with a remaining lease of 66 years, is estimated at $77,324, translating to a price per square foot of $552. This valuation reflects a stable market price with a 0% difference from the baseline, indicating a balanced demand-supply scenario within the local real estate landscape. The stability in pricing suggests that the property is likely well-positioned within its segment, catering to the needs of both first-time buyers and investors looking for entry-level options in the HDB market.

However, the model confidence is rated as low, which necessitates caution for potential buyers and sellers. This low confidence level arises from the reliance on a limited number of recent resale transactions—only four in total—within the vicinity. Such a small sample size may not fully capture the broader market dynamics or potential fluctuations in property values, especially given the importance of lease tenure in HDB valuations. As lease lengths diminish, properties may face varying degrees of demand, impacting future resale opportunities and overall investment viability.