5-Room HDB for Room Rent: 236 Pasir Ris Street 21

The HDB 5-room property located in Pasir Ris presents a compelling investment opportunity, currently valued at an estimated $54,648, or $497 per square foot. With a remaining lease of 65 years, this property sits within a stable market environment, reflecting a market price that aligns precisely with baseline expectations, indicating a 0% variance. This equilibrium suggests a well-balanced interplay between demand and supply within the locality, making it an attractive proposition for both first-time buyers and seasoned investors.

The model confidence for this valuation is categorized as high, bolstered by an analysis of 287 recent HDB resale transactions in the vicinity. This robust dataset underscores the reliability of the valuation, suggesting that the property is positioned favorably within the competitive landscape of the Pasir Ris area. As leasehold properties typically appreciate in value as they near the end of their lease, the remaining 65 years not only offers ample time for potential appreciation but also provides a considerable cushion against market fluctuations, ensuring long-term viability and investment security.