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

The valuation of the HDB 2-room unit in Pasir Ris, with a remaining lease of 62 years, has been assessed at an estimated value of $148,722, translating to a price per square foot (PSF) of $744. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently aligned with prevailing market conditions. The stability in pricing can be attributed to the ongoing demand for HDB flats in the Pasir Ris area, which is characterized by its family-friendly environment and accessibility to amenities.

With model confidence rated as medium, this valuation is supported by analysis of 17 recent HDB resale transactions within the vicinity, providing a robust comparative basis. The remaining lease of 62 years is a significant factor in the valuation, as it presents potential buyers with a balance between long-term investment and occupancy. As the market dynamics continue to evolve, prospective buyers and investors should consider not only the current valuation but also the implications of lease longevity on future resale potential and market trends in the region.