Executive HDB for Sale in 135 Pasir Ris Street 11

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $893,660, translating to a price per square foot (PSF) of $546. This valuation reflects a robust confidence level, supported by a thorough analysis of 337 recent HDB resale transactions in the vicinity. The model's high confidence is indicative of the stability and liquidity in the Pasir Ris HDB market, which has experienced consistent demand despite fluctuations in the broader real estate landscape.

Significantly, the market signal indicates a 4.1% difference from the baseline price, suggesting that this HDB Executive unit is positioned slightly above the average market price. This premium can be attributed to various factors, including the strategic location of Pasir Ris, accessibility to amenities, and the overall demand for HDB properties with longer remaining leases. As the market continues to evolve, this valuation underscores the potential for appreciation in value, particularly for properties with favorable lease terms and in well-connected neighborhoods.