5 Room (5I) HDB for Sale in 738 Pasir Ris Drive 10

The valuation of the HDB 5 Room property in Pasir Ris, with a remaining lease of 67 years, stands at an estimated value of $689,307, translating to a price per square foot (PSF) of $508. This valuation is positioned above the market baseline by 7.1%, indicating a potential premium in the current real estate landscape. The elevated pricing reflects both the desirability of the Pasir Ris locale and the inherent dynamics of HDB resale markets, where demand often fluctuates based on factors such as proximity to amenities, transport accessibility, and overall estate development.

However, it is crucial to note that the model confidence associated with this valuation is classified as low, based on the limited data derived from only two recent HDB resale transactions in the vicinity. This suggests a need for caution, as the small sample size may not fully capture the broader market trends or the nuances of buyer sentiment in the area. Investors and potential buyers should consider these factors carefully, particularly in light of the remaining lease period, which can significantly influence long-term investment value and resale potential.