Premium HDB for Sale in 530C Pasir Ris Drive 1

The valuation of the 4-room HDB unit in Pasir Ris, with a remaining lease of 88 years, reflects a calculated estimated value of $886,280, translating to a price per square foot of $957. This valuation is underpinned by a comprehensive analysis of the local real estate landscape, drawing insights from 8 recent HDB resale transactions within the vicinity. The properties in this area have shown a consistent demand, indicative of a stable market environment that supports the current valuation.

Despite a 3% deviation from the baseline market price, the model confidence is rated as medium, suggesting a cautious yet optimistic outlook on future price movements. The remaining lease of 88 years positions the property competitively, as buyers often favor units with longer leases due to their perceived value and investment stability. Overall, the Pasir Ris HDB market is demonstrating resilient dynamics, with the potential for appreciation as the area continues to develop and attract diverse demographics.