Executive HDB for Sale in 160 Pasir Ris Street 13

The HDB Executive unit located in Pasir Ris, with a remaining lease of 66 years, is currently valued at approximately $790,482, or $517 per square foot. This valuation indicates a notable premium within the market, reflecting a 13.9% increase from the baseline established by comparable properties in the region. The premium suggests that the property commands a unique appeal, potentially due to its strategic location, amenities, or the inherent desirability of the Pasir Ris area.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset, with only one recent HDB resale transaction available for analysis in the vicinity. This scarcity of data may impact the reliability of the valuation and underscores the necessity for potential buyers and investors to approach this listing with a degree of caution. The long remaining lease also plays a pivotal role in the property's appeal, as longer leases typically attract a broader range of buyers, thus influencing market dynamics and future appreciation potential.