5 Room (5I) HDB for Rent in 139 Pasir Ris Street 11

The valuation of the 5-room HDB property located in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $679,883, translating to a price per square foot of $513. This valuation is particularly noteworthy as it reflects a market price that is consistent with our baseline, indicating a 0% difference. This stability suggests a balanced demand-supply dynamic in the Pasir Ris area, which is corroborated by the analysis of 392 recent HDB resale transactions in the vicinity.

With a high model confidence rating, this valuation underscores the resilience of the HDB market in Pasir Ris, even as the property approaches the mid-point of its lease duration. The remaining lease of 66 years is favorable, as it offers prospective buyers ample time to leverage the property for both residential and investment purposes. Given the current market conditions and the historical price trends observed in the area, this property appeals to a diverse buyer demographic, from young families to seasoned investors looking for stable returns in a well-established locale.