1 Room HDB for Rent in 251 Pasir Ris Street 21

The valuation of the 2-room HDB flat in Pasir Ris, with a remaining lease of 65 years, is estimated at $219,179 or $533 PSF. This valuation is particularly significant given its positioning within the current market dynamics, reflecting a market price that shows a 0% difference from the baseline. The stability in pricing indicates a consistent demand for HDB flats in the area, suggesting that buyers are willing to engage at this price point, potentially due to the attractive amenities and infrastructural developments surrounding Pasir Ris.

However, the model confidence for this valuation is categorized as low, stemming from an analysis based on only four recent HDB resale transactions in the vicinity. This limited dataset may indicate fluctuations in buyer sentiment and market conditions, which can impact future resale values. As such, potential investors should remain vigilant regarding market trends and surrounding developments that could influence the desirability of properties within this segment. The remaining lease period also plays a critical role in valuation metrics, as properties with shorter leases often command lower prices, affecting long-term investment considerations.