4 Room (4A) HDB for Sale in 407 Pasir Ris Drive 6

The HDB 4-room property located in Pasir Ris, with a remaining lease of 62 years, presents a noteworthy valuation of $552,047, translating to $498 per square foot (PSF). This valuation is currently positioned above market expectations, reflecting a significant 17.4% premium over the baseline average for similar properties in the area. Such a premium suggests heightened buyer interest or unique attributes of the unit that may justify a higher price point, despite the relatively older lease term.

However, it is essential to consider the model confidence level, which is rated as low based on the limited data set of only two recent HDB resale transactions in the vicinity. This low confidence suggests that while the estimated value may indicate a strong market signal, the actual transaction dynamics and buyer sentiment could fluctuate. Investors and potential homeowners should carefully weigh these factors, particularly the implications of the remaining lease duration on long-term value appreciation and livability within this evolving market landscape.