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

The valuation of the 3-room HDB unit in Pasir Ris, with a remaining lease of 88 years, has been estimated at $94,940 or $949 PSF. This valuation reflects a market price that shows a 0% difference from the baseline, indicating stability within the local market context. The current valuation is underpinned by recent transactional activities, specifically two HDB resale transactions in the vicinity, which provide a foundational basis for this analysis.

However, it is important to note that the model confidence for this valuation is categorized as low. This suggests that while the data from recent transactions supports the estimated value, there may be underlying market dynamics that could impact the precision of this valuation. Factors such as demand fluctuations, upcoming infrastructural developments, and broader economic conditions in Singapore require ongoing monitoring, particularly in a market where lease tenure significantly influences buyer sentiment and investment decisions.