5 Bed Corner Terrace (Landed) for Sale in Edelweiss Park Condominium

The valuation of the Executive HDB in Pasir Ris, with a remaining lease of 79 years, stands at an estimated value of $1,820,210, translating to a noteworthy $607 PSF. This valuation indicates a significant premium, as it is positioned 48.3% above the baseline market value. Such a deviation reflects the increasing desirability of HDB properties in Pasir Ris, driven by a combination of local amenities, transport connectivity, and the overall appeal of the district for both families and investors alike.

The model confidence for this valuation is classified as high, substantiated by a robust analysis of 496 recent HDB resale transactions in the vicinity. This strong dataset enhances the reliability of the valuation, indicating that buyers are willing to pay a premium for properties that offer not just a home, but also a lifestyle enriched by the vibrant community and proximity to essential services. As the Singapore real estate market continues to evolve, the dynamics surrounding HDB leases and their valuation will remain critical for stakeholders navigating this competitive landscape.