4 Bed Terraced House (Landed) for Sale in Pasir Ris Beach Park

The HDB Executive property located in Pasir Ris, with a remaining lease of 50 years, is currently estimated at a value of $1,206,044, translating to a price per square foot of $413. This valuation positions the property significantly above the market baseline, reflecting a notable 107.3% increase from comparable listings in the area. Such a premium suggests robust demand and heightened desirability for properties in this locality, driven by factors such as proximity to amenities, schools, and transportation networks.

Our analysis, grounded in data from 496 recent HDB resale transactions within the vicinity, indicates a high model confidence in this valuation. The market dynamics in Pasir Ris demonstrate a clear trend towards appreciation, especially in the Executive category of HDB homes. This trend can be attributed to the limited supply of larger units, coupled with continued interest from buyers seeking spacious living options. As the remaining lease of 50 years is factored into market considerations, it is essential to note that properties with longer leases tend to maintain their value better, thereby reinforcing the attractiveness of this investment opportunity.