Premium HDB for Sale in 530C Pasir Ris Drive 1

The valuation of the 4-room HDB unit in Pasir Ris, with a remaining lease of 88 years, stands at an estimated value of $889,977, translating to $961 PSF. This valuation reflects a moderate market signal, showing a 3.4% difference from the baseline, indicative of a stable yet competitive market environment. The property’s location within Pasir Ris, an area known for its family-friendly amenities and proximity to recreational spaces, contributes positively to its overall valuation. The medium confidence level of this model suggests that while the data is reliable, market fluctuations and external economic factors could influence the final selling price.

Analyzing the surrounding market dynamics, this valuation is supported by nine recent HDB resale transactions in the vicinity, providing a solid foundation for comparative analysis. The consistent demand for HDB units in Pasir Ris can be attributed to its strategic location and the availability of essential services, making it an attractive choice for both homeowners and investors. As the market evolves, potential buyers should consider the implications of the remaining lease period and the ongoing demand trends, which are critical in assessing the long-term value retention of HDB properties in this area.