4 Room (4A) HDB for Rent in 228 Pasir Ris Street 21

The valuation of the HDB 4 Room unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $510,615, translating to a price per square foot (PSF) of $452. This price reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is valued in line with current market expectations. Such stability in pricing can be interpreted as a reflection of the overall demand and supply dynamics within the Pasir Ris precinct, which has shown resilience despite broader economic fluctuations.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a single recent HDB resale transaction within the vicinity. This limited data may not accurately capture the full spectrum of market sentiment and buyer behavior in the area. Potential investors and homeowners should consider the implications of the remaining lease, as properties with shorter leases often face valuation pressures. As such, while the current valuation appears stable, ongoing monitoring of market trends and transactional activity in Pasir Ris will be crucial for informed decision-making.