4 Room (4A) HDB for Sale in 565 Pasir Ris Street 51

The HDB 4-room property in Pasir Ris, with a remaining lease of 65 years, has been valued at an estimated price of $591,364, reflecting a price per square foot (PSF) of $528. This valuation positions the property above the market average, indicating a notable premium of 13.3% compared to the baseline. Such a valuation suggests strong demand dynamics in the area, driven by factors such as accessibility, amenities, and the overall desirability of Pasir Ris as a residential locale.

With a high model confidence rating, the valuation is supported by a comprehensive analysis of 324 recent HDB resale transactions in the vicinity. These data points not only reinforce the robustness of the pricing model but also highlight the resilience of the HDB market in Pasir Ris. The remaining lease period of 65 years is a critical factor, as it balances the property’s long-term investment potential with market sentiment surrounding leasehold properties. Investors and homeowners alike should recognize the implications of this valuation as a reflection of ongoing trends and the competitive landscape in Singapore's real estate market.