Common Room (HDB) for Rent in 185 Pasir Ris Street 11

The valuation of the 2-room HDB unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $32,489, translating to a price per square foot (PSF) of $541. This valuation reflects a market price alignment, indicating a 0% difference from the baseline. The stability in pricing suggests that the property is currently well-positioned within the local market dynamics, influenced by recent comparable transactions.

However, it is imperative to note the model confidence in this valuation is categorized as low, underscoring potential volatility and uncertainty within the market. This assessment is grounded on a limited dataset of four recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends or shifts in buyer sentiment. As such, while the valuation presents a snapshot of the current standing, stakeholders should remain vigilant of ongoing market developments and leasehold considerations that may impact future pricing strategies.