4-Room HDB for Room Rent: 484 Pasir Ris Drive 4

The valuation of the 4-room HDB property in Pasir Ris, with a remaining lease of 64 years, stands at an estimated value of $83,580, translating to a price per square foot (PSF) of $464. This valuation is indicative of a stable market condition, with the assessed price reflecting a 0% difference from the baseline market price. Such stability may suggest that the property is currently aligned with the prevailing trends of HDB resale transactions in the area, particularly given the recent sales data.

However, it is essential to note the model's confidence level, which is classified as low. This implies that the valuation may be subject to fluctuations influenced by various external market forces and buyer sentiment. The reliance on only two recent HDB resale transactions in the vicinity further underscores the potential volatility in the valuation, as limited data can lead to less reliable conclusions. As the lease term progresses, it will be critical for prospective buyers to consider both the remaining lease and the overall market dynamics, including demand and supply in the Pasir Ris region, as these factors will significantly affect the property's future value.