4 Room (4A) HDB for Sale in 256 Pasir Ris Street 21

The HDB 4 Room property located in Pasir Ris, with a remaining lease of 66 years, has been appraised at an estimated value of $595,284, translating to a price per square foot (PSF) of $494. This valuation positions the property above the current market baseline by 15.9%, indicating a potential premium in the pricing dynamics of the area. Such a notable deviation suggests that this property may possess unique attributes or advantages that are appealing to prospective buyers, despite the current fluctuations in the broader HDB resale market.

However, it is essential to note that the model confidence for this valuation is categorized as low, reflecting a degree of uncertainty due to the limited dataset—only four recent HDB resale transactions in the vicinity were considered. This scarcity of comparative data could significantly impact the reliability of the valuation, highlighting the necessity for potential investors to conduct further due diligence. As the remaining lease diminishes, the interplay between market desirability and lease longevity will be crucial in determining the future value trajectory of this asset.