4 Room (4A) HDB for Sale in 230 Pasir Ris Street 21

The valuation of the HDB 4-room unit located in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $487,607, translating to a price per square foot (PSF) of $435. This valuation is significantly above the market baseline, reflecting a 33.3% premium. Such an elevated price point indicates robust demand dynamics in the area, which may be driven by the strategic location, upcoming infrastructure developments, and the overall desirability of Pasir Ris as a residential choice.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity available for comparison. This scarcity of transactional data may introduce volatility into the valuation, suggesting that potential buyers should approach with caution. As the remaining lease period is relatively significant at 65 years, it may appeal to families looking for long-term residence. Nevertheless, market participants should remain vigilant about broader market trends and economic indicators that may influence HDB pricing in the near future.