3 Bed Walk-up Apartment (Condo) for Rent in Watercrest

The valuation of the 4-room HDB property in Pasir Ris, with a remaining lease of 72 years, stands at an estimated value of $480,460, translating to a price per square foot (PSF) of $558. This valuation is indicative of the current market dynamics, where the property price aligns closely with the baseline, showing a 0% difference. Such stability in pricing suggests a balanced market environment, reflecting both strong demand and a consistent supply of similar properties in the vicinity.

With model confidence rated as high, the valuation is underpinned by a solid analysis of 429 recent HDB resale transactions in the area. This robust dataset provides a comprehensive understanding of market trends, ensuring that the estimated value is not only accurate but also reflective of the prevailing market conditions. The remaining lease of 72 years contributes positively to the property’s desirability, as prospective buyers often view longer leases as a safeguard against depreciation in asset value over time. Overall, this valuation positions the property as a competitive offering in the Pasir Ris market, appealing to both first-time buyers and seasoned investors alike.