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

The recent valuation of a 4-room HDB unit in Pasir Ris, with a remaining lease of 62 years, has been estimated at $532,135, translating to a price per square foot of $480. This valuation is positioned significantly above the market baseline, reflecting an 11.8% premium over comparable properties in the vicinity. Such a notable deviation from market norms suggests strong demand dynamics within this locality, driven by factors such as proximity to amenities, transport links, and the overall desirability of the Pasir Ris area.

The model confidence for this valuation is rated as high, bolstered by a robust dataset of 425 recent HDB resale transactions in the region. This extensive analysis not only underscores the inherent value of the property but also highlights a growing trend amongst buyers who are increasingly willing to invest in well-located properties, even as lease tenures diminish. As the market continues to evolve, properties such as this HDB unit in Pasir Ris will likely remain attractive to both owner-occupiers and investors seeking long-term capital appreciation.