4 Room (4A) HDB for Sale in 226 Pasir Ris Street 21

This valuation report pertains to a 4-room HDB property located in the vibrant district of Pasir Ris, which is currently appraised at an estimated value of $546,573, translating to $475 PSF. With a remaining lease of 65 years, this property stands at a strategic advantage, particularly appealing to families seeking long-term residence in a well-connected area. Notably, the valuation indicates a market signal that is classified as above market, showcasing an 18.9% difference from the baseline valuation. This premium suggests a heightened demand for HDB units within this locale, reflective of Pasir Ris’s ongoing urban development and enhancement of amenities.

However, it is important to note that the model confidence for this valuation is categorized as low, based on an analysis of only four recent HDB resale transactions in the vicinity. This limited dataset may not fully capture market fluctuations or the varying dynamics of buyer preferences, especially in a region characterized by diverse property offerings. As such, while the current estimated value suggests a buoyant market, potential buyers and investors should approach with caution, considering the inherent uncertainties in the real estate landscape.