5 Room (5A) HDB for Rent in 766 Pasir Ris Street 71

The valuation of the 5-room HDB property in Pasir Ris, with a remaining lease of 67 years, stands at an estimated value of $689,120, translating to a price per square foot (PSF) of $510. This valuation reflects a market price that is perfectly aligned with baseline expectations, indicating a 0% difference from the established market norms. Such stability in pricing suggests that the property is well-integrated into the current market dynamics, reinforcing its desirability within the region.

The model confidence in this valuation is classified as high, bolstered by an extensive analysis of 398 recent HDB resale transactions in the vicinity. The data reveals that Pasir Ris remains a sought-after locale, characterized by its attractive amenities and well-planned infrastructure. As the remaining lease period is a critical factor in HDB valuations, the 67-year lease provides a substantial timeframe for potential homeowners, making this property an appealing option for both end-users and investors alike.