4-Room HDB for Room Rent: 528C Costa Ris

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 88 years, stands at an estimated value of $120,597, translating to a price per square foot (PSF) of $804. This valuation indicates a stable market price, reflecting a 0% difference from the established baseline. Such a neutral market signal suggests that this property is currently aligned with the prevailing market conditions, indicating a balance between buyer and seller expectations in the vicinity.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on only two recent resale transactions in the area. This limited dataset may not fully capture the nuanced dynamics of the Pasir Ris housing market. As the remaining lease term of 88 years is considered attractive by many potential buyers, it is essential to monitor any upcoming market trends or shifts that may affect HDB values in this region. Continued observation will be crucial for stakeholders aiming to make informed decisions in this evolving landscape.