Common Room (Landed) for Rent in Elias Terrace

The valuation of the HDB 2 Room unit in Pasir Ris, with a remaining lease of 67 years, stands at an estimated value of $120,537, translating to a price per square foot (PSF) of $804. This valuation indicates a robust alignment with the current market dynamics, as evidenced by the absence of any variance from the baseline market price, showcasing a 0% difference. Such stability in the pricing reflects a well-informed market, where buyers and sellers are attuned to the prevailing conditions and value propositions of HDB properties in this region.

The model confidence for this valuation is classified as high, supported by an analysis of 34 recent HDB resale transactions within the vicinity of Pasir Ris. This strong data set underscores the reliability of the valuation and suggests that the property is positioned competitively within the market. Furthermore, the remaining lease of 67 years is a crucial factor, as it assures potential buyers of a significant duration of ownership while maintaining the appeal of affordability in one of Singapore's promising residential locales. In light of these considerations, this HDB unit represents a compelling investment opportunity within the context of Singapore's evolving property landscape.