4 Room (4A) HDB for Rent in 610 Elias Road

The valuation of the HDB 4 Room unit in Pasir Ris, with a remaining lease of 75 years, stands at an estimated value of $409,701, translating to $585 per square foot (PSF). This pricing reflects a market signal indicating no deviation from the baseline, suggesting a stable demand in this locality. Such stability can be attributed to the strategic location of Pasir Ris, which has consistently attracted buyers looking for a blend of accessibility and community living.

However, it is important to note that the model confidence for this valuation is categorized as low, based on only two recent HDB resale transactions in the vicinity. This limited dataset may hinder the robustness of the analysis, and potential investors should remain cautious. The remaining lease of 75 years is a critical factor in HDB valuations, as properties with longer leases are often perceived as less risky investments, while those with shorter leases may see diminished buyer interest. As such, while this property holds potential, the nuances of market dynamics, including the fluctuation of future resale values, warrant careful consideration.