4-Room HDB for Room Rent: 474 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 $53,886, translating to a price per square foot (PSF) of $490. This valuation is grounded in a robust analysis of 425 recent HDB resale transactions in the vicinity, underscoring a strong market confidence level categorized as high. The market signal demonstrates a stable pricing environment, with no deviation from the baseline, indicating that the property is priced in alignment with current market conditions.

As Singapore's property landscape continues to evolve, the remaining lease of this HDB unit plays a critical role in its valuation and appeal. With 62 years remaining, it retains substantial longevity, making it an attractive option for potential buyers who are looking for a balance between affordability and long-term investment potential. Furthermore, the consistent market activity reflected in the recent transactions suggests a resilient demand for HDB properties in Pasir Ris, which is likely to sustain or enhance the value of this unit over time.