4-Room HDB for Room Rent: 475 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 $86,858, equating to approximately $483 per square foot. This valuation reflects the current market conditions, showing a stable environment with a market price that demonstrates no deviation from the baseline. Such stability indicates a balanced supply and demand ratio, suggesting that buyers are willing to transact at these levels without significant upward or downward pressure.

However, it is essential to note that the model confidence for this valuation is categorized as low, which may imply a degree of uncertainty in the data's reliability or the market's volatility. The valuation is derived from an analysis of four recent HDB resale transactions in the vicinity, reflecting a localized but limited data set. Investors and potential buyers should exercise caution, as the remaining lease period of 62 years may influence future resale potential and marketability. As the property ages, the lease may become a critical factor in determining long-term value, particularly in a market that is increasingly sensitive to leasehold durations.