5 Room (5I) HDB for Sale in 614 Elias Road

This valuation report focuses on a 5-room HDB unit located in the vibrant district of Pasir Ris, which boasts a remaining lease of 75 years. The property has been assessed at an estimated value of $781,682, translating to a price per square foot (PSF) of $567. This valuation reflects a market signal indicating a slight deviation of 0.8% from the established baseline, suggesting a relatively stable price environment for HDB properties in this area.

However, it is important to note that the model confidence is categorized as low, which indicates potential volatility in the market dynamics. This assessment is drawn from an analysis of three recent HDB resale transactions within the vicinity, which provides a comparative framework. As the Pasir Ris area continues to evolve with infrastructural developments and community amenities, prospective buyers should consider both the remaining lease period and the surrounding market trends, as these factors will significantly influence the property's long-term value and investment potential.