5-Room HDB for Room Rent: 557 Pasir Ris Street 51

The valuation of the HDB 5-room unit in Pasir Ris, set at an estimated value of $108,548 or $543 PSF, reflects the current market dynamics for public housing in this sought-after locale. With a remaining lease of 65 years, potential buyers should consider that while the lease is substantial, it is still a critical factor impacting the property's long-term appreciation potential. The 0% difference from the market price baseline indicates a stabilization in value, suggesting that the property is currently in line with prevailing market trends.

Despite a backdrop of recent transactions in the vicinity, which have provided valuable insights into the market, the model confidence is rated as low. This may stem from fluctuations in buyer sentiment and varying demand levels influenced by macroeconomic factors. The analysis of seven recent HDB resale transactions indicates a cautious approach by buyers, where competition may be tempered by broader economic conditions and buyer affordability. As the market evolves, stakeholders should remain vigilant about these dynamics to make informed decisions regarding this property.