5 Room (5I) HDB for Sale in 102 Pasir Ris Street 12

The valuation of the HDB 5-room unit in Pasir Ris, with a remaining lease of 61 years, stands at an estimated value of $609,608, translating to a price per square foot (PSF) of $464. This valuation places the property significantly above the market baseline, reflecting a notable 29.6% premium compared to similar transactions in the area. Such a differential signals robust demand dynamics, likely driven by the desirable location, amenities, and evolving infrastructure within Pasir Ris.

With model confidence rated as high, the valuation is supported by a comprehensive analysis of 390 recent HDB resale transactions in the vicinity. This dataset underscores the strong market sentiment towards HDB properties in Pasir Ris, where a combination of factors, including the area's family-friendly environment and accessibility to public transport, contribute to sustained interest among potential buyers. The remaining lease of 61 years, while a consideration, is offset by the current market conditions, which favor properties that exhibit strong locational advantages and community appeal.