4 Room (4A) HDB for Sale in 558 Pasir Ris Street 51

The valuation of the 4-room HDB property in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $52,595, equating to $506 per square foot (PSF). This valuation indicates a significant market signal, with a remarkable 1037% difference from the baseline, categorizing it as above market. Such a premium valuation reflects the current dynamics of the HDB resale market, where demand continues to outstrip supply in certain locales, particularly in well-established residential areas like Pasir Ris.

However, it's important to note that the model confidence for this valuation is classified as low, primarily due to the limited data derived from only four recent HDB resale transactions in the vicinity. This scarcity of comparable sales may introduce volatility in the valuation, suggesting that potential investors should exercise caution and conduct further due diligence. As the remaining lease period plays a crucial role in HDB valuations, the 65-year lease may also influence buyer sentiment, particularly among those who are sensitive to lease tenure considerations in their investment decisions.