4-Room HDB for Room Rent: 147 Pasir Ris Street 13

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $56,256, translating to a price per square foot (PSF) of $469. This assessment reflects a stable market signal, with the current valuation aligning closely with the baseline market price, indicating a 0% variance. Such stability suggests a balanced demand and supply scenario in the Pasir Ris area, where the property is situated.

However, it is important to note that the model confidence behind this valuation is categorized as low, primarily due to the limited data pool, with only two recent HDB resale transactions being analyzed. This scarcity of transactions may indicate a cautious sentiment among potential buyers or sellers in the region, potentially impacting future price movements. The remaining lease of 66 years is also a critical factor; as the lease diminishes, it may affect buyer interest and ultimately the resale value. Investors and homeowners alike should consider these dynamics when evaluating the long-term viability of their investment in this area.