233 Pasir Ris Drive 4 510233, Pasir Ris Drive, East Region, Singapore
$699,000
SUPER CHEAP | SERIOUS SELLER | BELOW VALUATION | LOW DEPOSIT Discover this spacious 5I Model apartment in Pasir Ris, offering 126sqm of functional and comfortable living space — ideal for large or multi-generation families who value privacy and convenience. With no direct afternoon sun, the home stays naturally cool and breezy throughout the day. The layout is generous, featuring four well-sized bedrooms and two bathrooms, perfect for families who appreciate both space and flexibility. Located within walking distance to Pasir Ris MRT (792m) and surrounded by amenities such as Downtown East, Loyang Point, supermarkets, eateries and parks — everything you need is right at your doorstep. - 5I Model | 126sqm - 4 Spacious Bedrooms | 2 Bathrooms - Bright, Windy and Quiet Environment - Naturally Cooling | No Afternoon Sun - Excellent Privacy and Functional Layout - Walk to MRT and Amenities - 3-Month Extension Required - Eligible for Malay and Chinese Ethnic Groups Starting from $699,000 — serious seller, must sell. A rare opportunity to own one of the largest 5I flats in Pasir Ris at an attractive price. Contact Eric Yeo, Senior Associate Group District Director (R009735J) at 8138 XXXX to schedule a viewing before it’s taken.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$612,519
S$452 psf
Asking Price
S$699,000
S$515 psf
vs Market
+14.1%
vs Last Done
+6.0%
Tenure
65 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Pasir Ris
1415m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$486
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.929
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$452
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2024 | Blk 233 PASIR RIS DR 4 Floor 04 TO 06 | 1,367sqft | S$665,000 | ▲S$486 +7.5% vs FV | 99yr from 1993 |
Aug 2024 | Blk 233 PASIR RIS DR 4 Floor 04 TO 06 | 1,367sqft | S$665,000 | ▲S$486 +7.5% vs FV | 99yr from 1993 |
Blk 233 PASIR RIS DR 4
Aug 2024 · Floor 04 TO 06
+7.5% vs FV
Blk 233 PASIR RIS DR 4
Aug 2024 · Floor 04 TO 06
+7.5% vs FV
HELIOS AI Analysis
The valuation of the HDB 5 Room unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $612,519, translating to a price per square foot (PSF) of $452. This valuation is indicative of a market signal classified as above market, reflecting a notable 14.1% premium over the baseline value. Such a deviation suggests a heightened demand for properties in the Pasir Ris area, driven by its strategic location and the attractive amenities that the neighborhood offers.
However, it is essential to approach this valuation with caution, as the model confidence is rated low. This is primarily due to the limited data set, with only one recent HDB resale transaction in the vicinity to substantiate the valuation claims. As a property analyst, I advise potential investors and homeowners to consider the implications of the remaining lease period on long-term investment value, while also monitoring market trends closely. The dynamics of the HDB market in Singapore, particularly in areas like Pasir Ris, remain fluid and warrant thorough analysis before making any commitments.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.