Executive HDB for Sale in 221 Pasir Ris Street 21

The valuation of the HDB Executive property located in Pasir Ris, with a remaining lease of 75 years, stands at an estimated value of $956,227, equating to $597 PSF. This valuation is notably positioned 15% above the baseline market level, indicating a robust demand for HDB properties in this area. Such a premium suggests that the property is perceived as a lucrative investment, likely driven by the combined appeal of Pasir Ris’ strategic location, growing infrastructure, and community amenities.

With a model confidence rating classified as high, this valuation is reinforced by an analysis of 330 recent HDB resale transactions in the vicinity. The data reflects a healthy market dynamic, where buyers are willing to pay a premium for properties with substantial remaining leases, such as this one. Furthermore, the enduring demand for spacious HDB Executive units in well-planned neighborhoods like Pasir Ris underscores the potential for sustained appreciation in property value, making it an attractive option for both owner-occupiers and investors alike.