Master Room (HDB) for Rent in 469 Pasir Ris Drive 6

The HDB 4-room unit in Pasir Ris, with a remaining lease of 62 years, has been appraised at an estimated value of $78,458, equating to a price per square foot (PSF) of $490. This valuation aligns closely with the prevailing market trends, reflecting a market price that shows a 0% difference from the baseline. Such a stable valuation indicates a strong equilibrium in demand and supply dynamics within the Pasir Ris area, suggesting that this property is well-positioned within the current real estate landscape.

The high model confidence, derived from an analysis of 429 recent HDB resale transactions in the vicinity, further reinforces the reliability of this valuation. The data indicates a robust interest in HDB units in Pasir Ris, particularly for properties with a substantial remaining lease. As the market continues to evolve, potential buyers should consider the implications of the lease duration on long-term investment prospects, as well as the overall desirability of the Pasir Ris locale, which is characterized by its strategic location and growing amenities.