Common Room (HDB) for Rent in 182 Pasir Ris Street 11

The valuation of the HDB 2 Room unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $106,657, translating to a price per square foot of $533. This valuation is particularly noteworthy within the context of the current market dynamics, where the property reflects a market price that is stable, showing a 0% difference from the baseline. Such stability indicates a balanced demand and supply scenario within the area, suggesting that buyers are presently willing to meet the seller's expectations without significant negotiation.

However, it is imperative to highlight that the model confidence associated with this valuation remains low, which could be attributed to the limited dataset of only four recent HDB resale transactions in the vicinity. This cautionary note emphasizes the importance of considering broader market trends and external factors that may impact future valuations. Given the remaining lease period, prospective buyers should also weigh the implications of leasehold properties, particularly in a market where buyers increasingly prioritize shorter remaining lease durations.