4-Room HDB for Room Rent: 428 Pasir Ris Drive 6

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 62 years, stands at an estimated value of $73,804, translating to approximately $492 per square foot. This valuation is underpinned by a robust analytical framework, drawing insights from 183 recent HDB resale transactions within the vicinity. The model confidence for this valuation is rated as high, indicating a strong alignment with prevailing market trends and conditions.

Notably, the market signal indicates a 0% difference from baseline, suggesting that the property is currently priced in line with market expectations. This equilibrium reflects the stability of the HDB resale market in Pasir Ris, where demand and supply dynamics appear to be balanced. With the remaining lease of 62 years, prospective buyers may find this an attractive proposition, as the area continues to exhibit potential for future capital appreciation. The underlying market dynamics, coupled with the property’s competitive pricing, position this HDB unit as a compelling opportunity in a thriving residential segment.