Common Room (HDB) for Rent in 143 Pasir Ris Street 11

In the vibrant locale of Pasir Ris, a 2-room HDB unit has been appraised at an estimated value of $24,854, translating to a price per square foot (PSF) of $552. With a remaining lease of 66 years, this property reflects the current market dynamics that indicate stability, evidenced by a market price showing a 0% difference from the baseline. Such a valuation suggests that the property is priced in alignment with recent market trends, which is critical for potential investors seeking to capitalize on long-term appreciation.

However, it is important to note the low model confidence attributed to this valuation, stemming from an analysis of only four recent HDB resale transactions in the vicinity. This limited dataset may not capture the full spectrum of market activities, potentially leading to fluctuations in perceived value as more transactions occur. Investors should consider this factor alongside the remaining lease term when evaluating the long-term prospects of this property in the ever-evolving Singaporean real estate landscape.