5 Room (5A) HDB for Sale in 184 Pasir Ris Street 11

The valuation of the HDB 5 Room unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $762,649, translating to a price per square foot (PSF) of $517. This valuation reflects a modest 1.7% deviation from the established market baseline, indicating a competitive positioning within the current landscape of HDB resale transactions. Such a marginal difference underscores a stable demand for HDB properties in the Pasir Ris area, which is often characterized by its family-friendly amenities and proximity to essential services.

However, it is crucial to note that the model confidence is categorized as low, which suggests that the valuation may be subject to fluctuations based on broader market dynamics and the specific characteristics of comparable sales. The reliance on just three recent HDB resale transactions in the vicinity adds a layer of caution, as a limited sample may not fully capture the nuances of the local market trends. Buyers and investors should remain vigilant, considering the implications of the remaining lease period on long-term value appreciation and potential resale opportunities in the evolving Singapore real estate landscape.