4 Room (4A) HDB for Sale in 747 Pasir Ris Street 71

The valuation of the HDB 4-room property located in Pasir Ris reflects a robust market position, with an estimated value of $580,758, translating to $519 PSF. This valuation is backed by a remaining lease of 67 years, which is a critical factor in the current HDB market dynamics, as properties with longer leases typically command higher resale values and buyer interest. The analysis is founded on a comprehensive review of 425 recent HDB resale transactions in the vicinity, ensuring a reliable benchmark for market comparison.

Notably, the property's market signal indicates a 3.1% difference from the baseline, suggesting a slight premium over similar properties in the area. This positive market signal can be attributed to several factors, including the desirability of Pasir Ris as a residential location, proximity to essential amenities, and the overall demand for HDB flats in the region. The model confidence for this valuation is classified as high, reinforcing the integrity of the data and trends observed in the local housing market.