3 Room (3I) HDB for Sale in 1 Changi Village Road

The valuation of the 3-room HDB unit in Pasir Ris, with a remaining lease of 48 years, has been estimated at $352,251, equating to a price per square foot (PSF) of $496. This valuation places the property within a competitive range, showcasing a market price variance of just 0.8% from the baseline. Such a minor deviation indicates a stable market environment, suggesting that demand for HDB properties in this locale remains resilient despite the challenges posed by an aging lease.

Our analysis, grounded in data derived from 39 recent HDB resale transactions in the vicinity, reinforces a high degree of confidence in this valuation. The consistent activity in the market underscores the attractiveness of the Pasir Ris area, characterized by a blend of accessibility, community amenities, and a family-friendly atmosphere. As the remaining lease term is a crucial factor influencing buyer sentiment, the solid demand observed despite the 48-year lease reflects both the enduring appeal of the location and the effective management of HDB properties in the area.