4 Room (4A) HDB for Sale in 747 Pasir Ris Street 71

The valuation of the HDB 4-room unit located in Pasir Ris, with a remaining lease of 67 years, stands at an estimated value of $582,740 or $521 per square foot (PSF). This valuation reflects a market signal indicating a modest 2.8% difference from the baseline, suggesting that the property is relatively well-priced within the current market context. However, it is important to note that the model confidence for this valuation is categorized as low, indicating potential volatility and variability in the local HDB market.

Analyzing recent market transactions, this valuation is derived from an assessment of five recent HDB resale transactions in the vicinity, which highlights the competitive landscape of Pasir Ris. The remaining lease period of 67 years is a critical factor in influencing buyer sentiment, as properties with shorter leases may face increased scrutiny from potential investors. As the market continues to evolve, it will be essential for stakeholders to closely monitor lease tenure dynamics and broader economic indicators that may affect future HDB valuations in this region.