4 Room (4A) HDB for Sale in 124 Pasir Ris Street 11

The valuation of the HDB 4-room property located in Pasir Ris, with a remaining lease of 61 years, stands at an estimated value of $499,360, translating to a price per square foot (PSF) of $442. This valuation reflects a significant market signal, being positioned 25.2% above the baseline, indicating a robust demand in this locality. Such a premium valuation suggests that buyers are increasingly willing to invest in properties within this precinct, driven by factors such as strategic location, upcoming infrastructure developments, and the overall appeal of the Pasir Ris area.

However, it is essential to note that the model confidence for this valuation is classified as low, based on an analysis of only four recent HDB resale transactions in the vicinity. The limited data pool may introduce variability in the findings, warranting a cautious approach for potential investors. As the remaining lease is a critical determinant of HDB value, prospective buyers should weigh the implications of the 61-year lease against long-term investment goals. Overall, while the current valuation suggests a thriving market, thorough due diligence is recommended to navigate the intricate dynamics of the Pasir Ris HDB landscape.