Executive HDB for Rent in 249 Pasir Ris Street 21

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $848,247, translating to a price per square foot (PSF) of $529. This valuation is significant as it reflects the current market dynamics, indicating a stable demand for HDB properties in this region. The absence of any deviation from the baseline market price suggests a balanced market where supply and demand are well-aligned, reinforcing the high confidence in this valuation model.

In analyzing the local market, it is noteworthy that the valuation is based on a robust dataset of 278 recent HDB resale transactions within the vicinity. This comprehensive data set enhances the reliability of the estimated value and provides a solid foundation for understanding the prevailing market trends. The longevity of the lease, with 65 years remaining, is also a critical factor, as it assures potential buyers of a substantial period of occupancy, thus maintaining the property's intrinsic value in the long term. As the demand for HDB residences continues to evolve, this property stands as a prime example of the resilience and attractiveness of the Pasir Ris area, making it a compelling investment opportunity in the current landscape.