3 Room (3I) HDB for Rent in 5 Changi Village Road

The HDB 3-room unit located in Pasir Ris, with a remaining lease of 51 years, is currently estimated at a value of $252,766, translating to approximately $356 PSF. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable pricing environment for similar properties in the area. The model confidence for this valuation is assessed as medium, suggesting that while the data is reliable, slight fluctuations may occur due to broader market dynamics.

Our analysis is grounded in a comprehensive review of 11 recent HDB resale transactions within the vicinity, which provides a robust comparative framework. The stable valuation comes at a time when the real estate market is experiencing varying degrees of demand and supply pressures. With a remaining lease of 51 years, this property appeals to a diverse demographic, particularly first-time homebuyers and those looking for a long-term investment in a well-established neighborhood. As the market continues to evolve, the Pasir Ris area remains an attractive option due to its connectivity and amenities, reinforcing the resilience of the HDB market.