5 Room (5I) HDB for Sale in 486 Pasir Ris Drive 4

The valuation of the 5-room HDB property located in Pasir Ris, with a remaining lease of 64 years, stands at an estimated value of $649,996, translating to a price per square foot (PSF) of $487. This valuation is indicative of a robust market demand for HDB properties in the area, as it reflects a significant premium of 12% above the baseline market value. Such a premium is not only a testament to the desirability of the Pasir Ris locale but also underscores the competitive nature of the HDB resale market in Singapore.

With model confidence rated as high and supported by a comprehensive analysis of 238 recent HDB resale transactions in the vicinity, this assessment highlights the dynamic interplay between remaining lease duration and market sentiment. The remaining lease of 64 years positions this property advantageously, appealing to both families and investors who recognize the long-term potential of HDB living in a well-established estate. As demand continues to shift towards areas with strong community amenities and good transport links, the Pasir Ris HDB market remains a focal point for discerning buyers.