HDB Executive for Room Rent: 502 Pasir Ris Street 52

The valuation of the HDB Executive property in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $89,127, translating to a price per square foot (PSF) of $594. This analysis is grounded in the review of four recent HDB resale transactions within the vicinity, providing a critical context for understanding the property's market dynamics. Notably, the market price reflects a 0% difference from the baseline, suggesting a stable valuation environment amidst fluctuating market conditions.

However, it is essential to highlight the model confidence for this valuation is categorized as low, indicating potential volatility in the market sentiment or external economic factors that could influence future pricing trends. With the remaining lease period being a significant aspect of HDB valuations, prospective buyers should consider the implications of lease longevity on the investment's future value. The Pasir Ris area has historically been a desirable locale, but as the lease period decreases, the impact on marketability and price appreciation must be carefully weighed.