3 Bed Terraced House (Landed) for Sale in Pasir Ris Beach Park

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 50 years, stands at an estimated value of $1,142,139, translating to a noteworthy $408 per square foot. This valuation reflects a significant premium, as it is positioned 158.3% above the baseline market value, indicating strong demand and desirability within the area. Such a premium suggests a robust market sentiment, driven by factors including location advantages, infrastructural developments, and community amenities that enhance the living experience in Pasir Ris.

With a model confidence rating classified as high, this valuation is supported by a comprehensive analysis of 329 recent HDB resale transactions in the vicinity. The data underscores a competitive market landscape where buyers are willing to invest above the average price point for properties that promise long-term value and livability. As the remaining lease of 50 years is a critical factor for potential buyers, it is essential to consider the implications of leasehold properties in Singapore, particularly how they impact future resale potential and financing options. In conclusion, this HDB Executive unit exemplifies the current market dynamics where quality, location, and lease duration converge to create substantial value.