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

The valuation of the 4-room HDB property in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $510,615, equating to $452 per square foot. This valuation reflects a market price that demonstrates a 0% difference from the baseline, indicating a stable pricing environment in the immediate vicinity. Such stability may suggest a balanced supply-demand dynamic, wherein the property remains competitively priced relative to similar offerings in the market.

However, the model confidence level is categorized as low, primarily due to the reliance on a limited dataset of only one recent resale transaction within the area. This lack of comprehensive data underscores the importance of a cautious approach in interpreting the valuation figures. As the remaining lease of 65 years is a critical factor in HDB properties, prospective buyers should consider the implications of leasehold tenures in relation to long-term investment strategies. The interplay between lease duration and market sentiment can significantly impact future resale potential and overall value appreciation.