4 Room (4A) HDB for Sale in 748 Pasir Ris Street 71

The valuation of the 4-room HDB unit in Pasir Ris, with a remaining lease of 68 years, stands at an estimated value of $595,221, translating to a price per square foot (PSF) of $527. This valuation reflects a market price that is only 0.8% above the baseline, indicating a stable and resilient demand within the area. Such a marginal difference underscores the competitive nature of the Pasir Ris HDB market, where buyers are keenly evaluating the longevity and potential appreciation of properties with substantial remaining leases.

With a robust model confidence rating of High, this valuation is supported by a comprehensive analysis of 425 recent HDB resale transactions in the vicinity. This data reinforces the current market dynamics, highlighting a steady interest in HDB properties within Pasir Ris, particularly for those with favorable lease terms. As the remaining lease period is a critical factor in property valuation, a 68-year lease offers significant security for potential buyers, aligning with Singapore's overall housing strategy and market stability.