Executive HDB for Sale in 245 Pasir Ris Street 21

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $750,879, translating to a price per square foot (PSF) of $478. This valuation reflects a notable market signal, positioning it approximately 19.9% above the baseline, indicating heightened demand or unique attributes associated with this property. Such a premium suggests that this unit may possess features or locational advantages that justify its elevated price point compared to similar properties in the area.

However, it is essential to note that the model confidence regarding this valuation is classified as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction observed in the vicinity. This lack of robust transactional evidence may introduce volatility into the valuation and highlights the necessity for potential buyers and investors to conduct thorough due diligence. As the HDB market continues to evolve, understanding lease dynamics, especially with 65 years remaining, will be crucial in assessing long-term investment viability and market resilience.