4 Room (4A) HDB for Rent in 483 Pasir Ris Drive 4

The valuation of the HDB 4 Room unit in Pasir Ris, with a remaining lease of 62 years, stands at an estimated value of $535,075, equating to a price per square foot (PSF) of $487. This valuation reflects a market price that is aligned with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced demand-supply equation within the local HDB market, particularly in the context of the Pasir Ris area, which is known for its family-friendly amenities and proximity to nature.

However, it is important 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. This lack of robust transaction data may affect the reliability of the estimated value, highlighting the necessity for potential buyers and investors to conduct further due diligence. As the remaining lease of the property extends to 62 years, it is crucial for stakeholders to consider the impact of lease decay on long-term investment value, particularly in a market that is sensitive to such factors.