560 Pasir Ris Street 51 510560, Pasir Ris Central, East Region, Singapore
$649,999
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$557,127
S$471 psf
Asking Price
S$649,999
S$549 psf
vs Market
+16.7%
vs Last Done
+9.1%
Tenure
65 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Pasir Ris
715m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$497
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.929
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$471
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2024 | Blk 560 PASIR RIS ST 51 Floor 01 TO 03 | 1,130sqft | S$568,000 | ▲S$503 +6.8% vs FV | 99yr from 1993 |
Oct 2024 | Blk 560 PASIR RIS ST 51 Floor 01 TO 03 | 1,130sqft | S$568,000 | ▲S$503 +6.8% vs FV | 99yr from 1993 |
May 2024 | Blk 560 PASIR RIS ST 51 Floor 04 TO 06 | 1,130sqft | S$555,000 | ▲S$491 +4.2% vs FV | 99yr from 1993 |
Blk 560 PASIR RIS ST 51
Oct 2024 · Floor 01 TO 03
+6.8% vs FV
Blk 560 PASIR RIS ST 51
Oct 2024 · Floor 01 TO 03
+6.8% vs FV
Blk 560 PASIR RIS ST 51
May 2024 · Floor 04 TO 06
+4.2% vs FV
HELIOS AI Analysis
The valuation of the HDB 4 Room property located in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $557,127, translating to $471 per square foot. This valuation reflects a significant market signal, indicating a value that is approximately 16.7% above the baseline market rate. Such a premium valuation suggests a robust demand for HDB properties in this area, potentially driven by factors such as improved amenities, transport links, or demographic shifts that enhance the desirability of Pasir Ris as a residential hub.
However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited dataset, which is based on only two recent HDB resale transactions in the vicinity. This lack of extensive transaction data may introduce variability in the estimated value, highlighting the need for careful consideration when interpreting this premium valuation. Investors and potential buyers should weigh the implications of the remaining lease, as a 65-year lease may impact long-term value retention and resale potential in future market conditions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.