HDB Executive for Room Rent: 651 Pasir Ris Drive 10

The valuation of the HDB Executive in Pasir Ris, with a remaining lease of 67 years, stands at an estimated value of $54,223 or approximately $542 per square foot (PSF). This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in alignment with prevailing market trends. However, the model confidence is categorized as low, which raises caution regarding the reliability of this valuation. This low confidence stems from the limited data available, with only one recent HDB resale transaction recorded in the vicinity.

In the context of Singapore's dynamic real estate landscape, the remaining lease of 67 years is a pivotal factor influencing the valuation of HDB properties. As the lease diminishes, potential buyers often exhibit heightened sensitivity to the remaining tenure, which can impact demand and pricing. Additionally, the overall market conditions in Pasir Ris, along with broader economic indicators, play a crucial role in shaping buyer sentiment and investment decisions. Stakeholders should remain vigilant to these dynamics as they navigate the competitive HDB market.