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

The valuation of the HDB Executive property in Pasir Ris, with a remaining lease of 50 years, stands at an estimated value of $1,225,708, which translates to a price per square foot (PSF) of $409. This valuation is notably above the market average, with a substantial 87.6% difference from the baseline, indicating a strong demand for properties in this area. The elevated valuation reflects both the unique characteristics of the HDB Executive layout and the desirability of the Pasir Ris location, which has been increasingly sought after due to its proximity to amenities and recreational spaces.

The model confidence for this valuation is classified as high, supported by a robust dataset derived from 330 recent HDB resale transactions within the vicinity. This level of confidence underscores the reliability of the valuation amidst fluctuating market conditions. As the remaining lease period is a critical factor in the HDB market, properties with approximately 50 years remaining typically hold a distinct appeal, especially among buyers looking for long-term habitation or investment potential. Overall, the Pasir Ris HDB Executive exemplifies the intersection of strategic location, property type, and market sentiment, positioning it as a premium offering in Singapore's competitive real estate landscape.