5 Room (5I) HDB for Sale in 632 Pasir Ris Drive 3

The valuation of the HDB 5-room unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $662,446, translating to $505 per square foot (PSF). This valuation is notably above the market baseline by 13.2%, indicating a positive market signal that reflects robust demand in the area. Such a premium valuation suggests that this property is positioned favorably within a competitive market, likely driven by the desirable location and the amenities that Pasir Ris offers, including proximity to recreational areas and essential services.

With a model confidence rating of high, this valuation is supported by a comprehensive analysis of 359 recent HDB resale transactions in the vicinity. The strong comparative data underscores the resilience of the Pasir Ris property market, particularly for larger HDB units. As buyers continue to seek spacious living options within established neighborhoods, this property’s valuation not only highlights current market dynamics but also suggests a sustainable appreciation trajectory over the remaining lease period, making it an attractive investment for potential homeowners and investors alike.