5 Room (5I) HDB for Sale in 104 Pasir Ris Street 12

The valuation of the HDB 5-room unit in Pasir Ris, with a remaining lease of 61 years, stands at an estimated value of $627,057, translating to a price per square foot (PSF) of $478. This valuation is notably positioned above market expectations, exhibiting a significant difference of 24.4% from the baseline. Such a premium valuation suggests strong demand for properties in this locale, potentially driven by Pasir Ris' appeal as a family-oriented district with a variety of amenities and proximity to natural attractions.

However, it is imperative to note the model confidence for this valuation is classified as low, indicating potential volatility in the estimation. The analysis is based on only four recent HDB resale transactions in the vicinity, which may not provide a robust dataset for establishing a definitive market trend. As the remaining lease diminishes, the value may be influenced by the broader sentiment towards aging leases in the HDB market. Investors and homeowners alike should consider these dynamics carefully when evaluating the long-term prospects of this property.