228 Pasir Ris Street 21 510228, Pasir Ris Drive, East Region, Singapore
$3,500 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$510,615
S$452 psf
Asking Price
S$3,500
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
65 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Pasir Ris
1347m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$487
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.929
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$452
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2024 | Blk 228 PASIR RIS ST 21 Floor 07 TO 09 | 1,130sqft | S$550,000 | ▲S$487 +7.7% vs FV | 99yr from 1993 |
Aug 2024 | Blk 228 PASIR RIS ST 21 Floor 07 TO 09 | 1,130sqft | S$550,000 | ▲S$487 +7.7% vs FV | 99yr from 1993 |
Blk 228 PASIR RIS ST 21
Aug 2024 · Floor 07 TO 09
+7.7% vs FV
Blk 228 PASIR RIS ST 21
Aug 2024 · Floor 07 TO 09
+7.7% vs FV
HELIOS AI Analysis
In the current landscape of HDB properties in Singapore, the 4-room unit located in Pasir Ris presents a compelling case for analysis, especially given its remaining lease of 65 years. With an estimated value of $510,615, translating to $452 PSF, this property is positioned at a critical juncture of market dynamics. The valuation reflects a market price that shows no deviation from the baseline, indicating a stable yet cautious environment for potential buyers and investors.
The model confidence for this valuation is categorized as low, primarily due to the limited dataset comprising only one recent HDB resale transaction within the vicinity. This scarcity of data points suggests a potential volatility in pricing trends, which may be influenced by broader market conditions and local demand fluctuations. As such, while the property holds promise, stakeholders should remain vigilant, considering the implications of the remaining lease term and the overall market signals in the Pasir Ris area.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.