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

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 62 years, stands at an estimated value of $101,996, translating to a price per square foot (PSF) of $510. This figure aligns closely with the current market price, indicating a 0% deviation from the baseline, which suggests a stable valuation amidst the dynamic property landscape of Singapore. The low model confidence rating reflects a reliance on limited data, with only one recent resale transaction in the vicinity serving as a benchmark for this assessment.

In the context of HDB leasehold properties, the remaining lease term is a crucial determinant of value. With 62 years remaining, potential buyers may exhibit a cautious approach, as properties with shorter leases often face depreciation in value over time. However, Pasir Ris, known for its strategic location and growing amenities, may present opportunities that can mitigate concerns over lease length. As the market continues to evolve, it will be essential to monitor forthcoming transactions and shifts in demand, particularly as urban development initiatives and infrastructural improvements unfold in the region.