4 Room (4A) HDB for Sale in 272 Pasir Ris Street 21

The valuation of the HDB 4 Room unit in Pasir Ris reveals an estimated value of $565,838, translating to a price per square foot (PSF) of $491. This valuation is notably positioned above the market baseline by 12.8%, indicating a premium in pricing compared to comparable properties in the area. The remaining lease of 66 years is a significant factor in this assessment, as properties with longer leases tend to command higher market values due to their perceived longevity and investment security.

However, it is important to note that the model confidence in this valuation is classified as low, primarily due to the limited data set, which is based on only two recent HDB resale transactions in the vicinity. This lack of robust transaction data may introduce volatility in future valuations, suggesting that potential buyers and investors should approach this listing with a discerning eye. As the Pasir Ris market continues to evolve, monitoring leasehold dynamics and local market trends will be crucial for understanding the long-term value proposition of this property.