HDB Executive for Room Rent: 134 Pasir Ris Street 11

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $125,469, translating to a price per square foot (PSF) of $502. This valuation aligns closely with the current market price, reflecting a 0% difference from the baseline, indicating a stable market environment for similar properties in the vicinity.

However, the model confidence for this valuation is categorized as low, suggesting that while recent data from six resale transactions supports this price point, there may be underlying factors influencing the demand and supply dynamics in the area. The remaining lease of 66 years is a critical factor, as it generally affects buyer sentiment and long-term investment considerations. In the context of the broader HDB market, potential buyers may weigh the balance between leasehold duration and the property's desirability, making it essential for stakeholders to stay attuned to evolving market trends and regional developments.