4 Room (4A) HDB for Sale in 482 Pasir Ris Drive 4

The valuation of the 4-room HDB unit located in Pasir Ris, with a remaining lease of 62 years, stands at an estimated value of $510,722, translating to a price per square foot (PSF) of $461. This valuation reflects a market signal that is notably above the baseline, showcasing a 16.5% premium compared to comparable properties in the vicinity. Such a significant deviation from the market norm suggests a strong demand for HDB properties in this region, likely driven by the appealing amenities and community features that Pasir Ris offers.

However, it is crucial to note that the model confidence for this valuation remains low, primarily due to a limited data set of only six recent HDB resale transactions in the area. This scarcity of transactions can lead to volatility in pricing and may indicate a less liquid market environment. Buyers and investors should exercise caution and consider the implications of the remaining lease term, as the 62 years left may influence future resale potential. Overall, while the valuation presents an attractive opportunity, it is essential to weigh the risks associated with market dynamics and lease longevity.