3 Room (3A) HDB for Rent in 530C Pasir Ris Drive 1

The valuation of the HDB 3 Room unit in Pasir Ris, with a remaining lease of 88 years, stands at an estimated value of $94,940, translating to $949 PSF. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable market environment for HDB properties in this region. The absence of price fluctuation suggests a consistent demand among buyers, which may be attributed to the area's strategic location and the overall appeal of HDB living in Singapore.

However, it is important to note that the model confidence in this valuation is classified as low, based on only two recent HDB resale transactions in the vicinity. This limited dataset may not fully capture the nuances of the local market dynamics, which can be influenced by various factors such as economic conditions, housing policies, and buyer sentiment. As the remaining lease of 88 years is a critical consideration for prospective buyers, it is essential to monitor future transactions closely to gain a more comprehensive understanding of the valuation trends in Pasir Ris.