422 Pasir Ris Drive 6 510422, Pasir Ris Drive, East Region, Singapore
$1,050,000
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg)
Fair Value
S$821,936
S$506 psf
Asking Price
S$1.05M
S$646 psf
vs Market
+27.7%
vs Last Done
+15.2%
Tenure
62 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Pasir Ris
652m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$560
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.886
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$506
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneDec 2024 | Blk 422 PASIR RIS DR 6 Floor 01 TO 03 | 1,625sqft | S$912,000 | ▲S$561 +10.9% vs FV | 99yr from 1989 |
Dec 2024 | Blk 422 PASIR RIS DR 6 Floor 01 TO 03 | 1,625sqft | S$912,000 | ▲S$561 +10.9% vs FV | 99yr from 1989 |
Jun 2024 | Blk 422 PASIR RIS DR 6 Floor 01 TO 03 | 1,625sqft | S$870,000 | ▲S$535 +5.7% vs FV | 99yr from 1989 |
May 2024 | Blk 422 PASIR RIS DR 6 Floor 10 TO 12 | 1,625sqft | S$948,000 | ▲S$583 +15.2% vs FV | 99yr from 1989 |
Blk 422 PASIR RIS DR 6
Dec 2024 · Floor 01 TO 03
+10.9% vs FV
Blk 422 PASIR RIS DR 6
Dec 2024 · Floor 01 TO 03
+10.9% vs FV
Blk 422 PASIR RIS DR 6
Jun 2024 · Floor 01 TO 03
+5.7% vs FV
Blk 422 PASIR RIS DR 6
May 2024 · Floor 10 TO 12
+15.2% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 62 years, currently stands at an estimated value of $821,936, translating to $506 PSF. This valuation is notably above the market baseline by 27.7%, indicating a strong demand for properties in this region, despite the inherent risks associated with a lower confidence model rating. Such a premium suggests that buyers are willing to pay a significant markup, potentially driven by local amenities, proximity to transport links, and community desirability.
However, the low model confidence indicates that the valuation is based on a limited sample size, specifically three recent HDB resale transactions in the vicinity. This raises questions about the sustainability of the premium pricing and the potential implications of market fluctuations. As the remaining lease diminishes, it is crucial for prospective buyers to consider the long-term investment potential and the impact of the leasehold nature on future resale value. The dynamics of the Pasir Ris property market, characterized by a blend of established infrastructure and evolving urban planning, will ultimately play a pivotal role in shaping the future value trajectory of this HDB Executive unit.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.