Premium HDB for Sale in 530C Pasir Ris Drive 1

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 88 years, stands at an estimated value of $889,977, translating to a price per square foot (PSF) of $961. This assessment is underpinned by a moderate market signal, reflecting a 3.4% variance from the baseline price established in the area. Such a discrepancy suggests a stable demand in the Pasir Ris region, indicative of a localized market that is experiencing gradual upward momentum, driven by both intrinsic property characteristics and broader economic factors.

The medium confidence level in this valuation stems from a detailed analysis of nine recent HDB resale transactions within the vicinity. This data set provides a robust foundation for understanding market trends and pricing dynamics. Furthermore, the remaining lease of 88 years positions this property favorably among prospective buyers, as it offers a substantial tenure that is often favored in the Singaporean context. As the market continues to evolve, this property exemplifies the resilience of HDB flats in maintaining their value, particularly in desirable locales such as Pasir Ris.