5 Room (5I) HDB for Sale in 103 Pasir Ris Street 12

The valuation of the 5-room HDB unit located in Pasir Ris, with a remaining lease of 61 years, stands at an estimated value of $609,552 or $465 PSF. This figure indicates a significant premium, as it is assessed to be 22.7% above the market baseline. Such a valuation suggests a strong demand for HDB resale properties in this area, reflecting the desirability of Pasir Ris as a residential locale, particularly among families seeking larger living spaces.

Our analysis is supported by the examination of 392 recent HDB resale transactions in the vicinity, which underscores a robust market dynamic characterized by high buyer interest and limited supply. The model confidence for this valuation is rated as high, indicating reliable market indicators and trends that support the premium price. As the remaining lease diminishes, the property still retains substantial value, reinforcing the attractiveness of HDB living in Pasir Ris amidst a competitive real estate landscape.