768 Pasir Ris Street 71 510768, Pasir Ris West, East Region, Singapore
$635,000
This flat is a 4 Rooms HDB for sale in 768 Pasir Ris Street 71, a stunning HDB Resale Flat in Singapore. Key features ☺ Well-kept unit condition ☺ Efficient layout ☺ Spacious layout ☺ Squarish layout ☺ Bright and airy Looking for a HDB for Sale in Singapore? Pasir Ris Street 71 is the perfect property in Pasir Ris for you! Located in Pasir Ris HDB Estate, this development is part of District 18. Completed in 1994, Pasir Ris Street 71 is a 99 year leasehold HDB Development with a total of 71 units. It has a total of 16 floors and is one of 50 HDB blocks on Pasir Ris Street 71. Nearby amenities ⭑ Nearby MRTs • 2 MRTs within 1 km ⭑ Nearby Bus stops • Between Blks 771/772 (165 m) - 3 mins walk • Opposite Blks 771/772 (220 m) - 4 mins walk • Meridian JC (224 m) - 4 mins walk • 7 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • Giant Express (168 m) - 3 mins walk • Mai-ya Store (188 m) - 3 mins walk • FairPrice - Pasir Ris West Plaza (495 m) - 7 mins walk ⭑ Nearby Schools • Life Community Services Society - Meridian (57 m) - 1 mins walk • Meridian Primary School (72 m) - 1 mins walk • MOE Kindergarten @ Meridian (74 m) - 2 mins walk • 5 more schools within 1 km ⭑ Nearby Parks • Brontosaur Park (266 m) - 4 mins walk • Mini Flower Park (694 m) - 4 mins drive • The Green Oval (707 m) - 6 mins drive • 1 more park within 1 km Please call Huang Zhixin (Annie) from 99.co @ +658828XXXX to arrange for a viewing.
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$578,061
S$517 psf
Asking Price
S$635,000
S$567 psf
vs Market
+9.8%
vs Last Done
+5.0%
Tenure
67 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Pasir Ris
1553m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$540
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.957
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$517
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2024 | Blk 768 PASIR RIS ST 71 Floor 10 TO 12 | 1,130sqft | S$610,000 | ▲S$540 +4.4% vs FV | 99yr from 1996 |
Sep 2024 | Blk 768 PASIR RIS ST 71 Floor 10 TO 12 | 1,130sqft | S$610,000 | ▲S$540 +4.4% vs FV | 99yr from 1996 |
Blk 768 PASIR RIS ST 71
Sep 2024 · Floor 10 TO 12
+4.4% vs FV
Blk 768 PASIR RIS ST 71
Sep 2024 · Floor 10 TO 12
+4.4% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB in Pasir Ris, with a remaining lease of 67 years, stands at an estimated value of $578,061, translating to a price per square foot (PSF) of $517. This figure is notably above the market baseline, reflecting a premium of 9.8%. Such an elevated valuation may suggest a heightened demand for properties in this region, possibly driven by factors such as local amenities, accessibility, and the overall desirability of Pasir Ris as a residential area.
However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a single recent HDB resale transaction in the vicinity. The limited transaction volume can introduce volatility in the valuation metrics, emphasizing the need for caution when interpreting this premium pricing. Investors and potential buyers should consider the impact of the remaining lease on the property's long-term value, as properties with shorter leases can face depreciation as the lease term diminishes. Overall, while the current valuation indicates a robust market interest, further analysis and additional transaction data would enhance the reliability of this assessment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.