Terraced House for Room Rent: Loyang Villas

The valuation of the HDB 2-room unit in Pasir Ris, with a remaining lease of 69 years, is pegged at approximately $162,268, translating to a price per square foot of $811. This valuation reflects a market price that shows no deviation from the established baseline, indicating a stable demand within the local real estate environment. The assessment is grounded in a thorough analysis of 17 recent HDB resale transactions in the vicinity, which underpin the model's findings.

With the remaining lease of 69 years, this HDB unit is positioned favorably within the current market dynamics, as buyers often consider the lease duration a critical factor in their purchasing decisions. The medium confidence level of this valuation suggests that while the data is robust, fluctuations in the local market could impact future valuations. Nevertheless, the absence of price variation from the baseline signals a resilient demand for HDB properties in Pasir Ris, potentially driven by the area's amenities and connectivity. As such, this property remains an attractive option for both first-time buyers and investors looking to capitalize on Singapore's evolving residential landscape.