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

The valuation of the 4-room HDB in Pasir Ris stands at an estimated value of $565,947, translating to a price per square foot (PSF) of $505. This figure positions the property significantly above market expectations, reflecting a 14.9% premium over the baseline valuation derived from comprehensive analysis of recent resale transactions. With a remaining lease of 65 years, this property not only offers ample tenure for potential homeowners but also aligns with the growing demand for HDBs in the Pasir Ris area, driven by its strategic location and robust community amenities.

Our model confidence for this valuation is classified as high, bolstered by a dataset comprising 324 recent HDB resale transactions within the vicinity. Such a substantial dataset enhances the reliability of our analysis, indicating a strong market signal that suggests sustained interest and competitive bidding for properties in this region. The elevated valuation reflects the current market dynamics, where buyers are increasingly willing to pay a premium for homes that balance affordability with accessibility to essential services and recreational facilities.