5 Room (5I) HDB for Sale in 484 Pasir Ris Drive 4

The valuation of the HDB 5 Room unit in Pasir Ris, with a remaining lease of 64 years, stands at an estimated value of $649,905, translating to a price per square foot (PSF) of $487. This valuation positions the property in an advantageous market segment, as it is assessed to be approximately 7.7% above the baseline value. Such a premium indicates robust demand for HDB units in this locale, driven by both the intrinsic appeal of the Pasir Ris district and broader market dynamics affecting property desirability in Singapore.

With a model confidence rating classified as high, this valuation is substantiated by an analysis of 240 recent HDB resale transactions within the vicinity. The data reflects a healthy appetite for residential properties, particularly in areas that offer a balanced mix of accessibility, amenities, and community living—key factors that influence buyer sentiment and market trends. The remaining lease of 64 years also plays a crucial role in this valuation, as properties with longer leases tend to attract a wider pool of prospective buyers, thus enhancing their investment appeal.