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

The HDB 4-room property located in Pasir Ris, with a remaining lease of 62 years, presents a valuation of approximately $535,075, translating to a price per square foot (PSF) of $487. This valuation is currently aligned with the market price, indicating a 0% difference from the baseline, which suggests stability in the property’s pricing amidst fluctuating market conditions. The Pasir Ris area, known for its family-friendly environment and proximity to amenities, continues to attract buyers looking for long-term investments in residential properties.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a limited data set—specifically, only one recent HDB resale transaction in the vicinity. This scarcity of transactional data raises concerns regarding the robustness of the estimated value and highlights the necessity for potential buyers to conduct further due diligence. As the remaining lease of 62 years may influence buyer sentiment and investment decisions, stakeholders should remain vigilant about the evolving market dynamics that could impact future valuations in this segment.