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

The valuation of the 4-room HDB in Pasir Ris, with a remaining lease of 64 years, stands at an estimated value of $524,698, translating to $464 PSF. This figure indicates a market signal that is notably above the baseline, reflecting a robust 19.7% premium compared to comparable properties. Such an upward deviation suggests heightened demand in the area, likely driven by the strategic location and the amenities available in Pasir Ris, which continue to attract prospective homeowners and investors alike.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only two recent HDB resale transactions in the vicinity serving as the basis for this assessment. This scarcity of transactions may imply volatility in the market dynamics, potentially impacting future valuations. As the remaining lease length is significant, buyers are encouraged to consider the implications of leasehold properties in their investment decisions, particularly in a fluctuating market environment where lease tenure can influence both desirability and long-term value retention.