4-Room HDB for Room Rent: 252 Pasir Ris Street 21

This valuation report focuses on a 4-room HDB unit located in the vibrant residential enclave of Pasir Ris, boasting a remaining lease of 66 years. The estimated market value is pegged at $73,063, translating to a price per square foot (PSF) of $487. Notably, this valuation reflects a stable market signal, with a 0% difference from the baseline, indicating that the current price aligns closely with prevailing market trends.

However, it is essential to note that the model confidence for this valuation is categorized as low. This assessment is primarily based on a limited dataset, with only two recent HDB resale transactions in the vicinity serving as reference points. Such a constrained data pool could suggest volatility in buyer sentiment and pricing dynamics, particularly given the remaining lease period. As lease lengths diminish, potential buyers may exhibit heightened sensitivity to the duration of the lease, which could influence future resale values.