4 Room (4A) HDB for Rent in 405 Pasir Ris Drive 6

The valuation of the 4-room HDB property in Pasir Ris, with a remaining lease of 62 years, stands at an estimated value of $559,241, translating to a price per square foot (PSF) of $490. This figure indicates a stable market position, as it reflects a 0% difference from the baseline market price, suggesting that the property is currently priced in alignment with prevailing market trends. Such stability is indicative of a well-balanced supply and demand dynamic within the HDB resale market in this region.

The model confidence for this valuation is rated as high, reinforcing the reliability of the data derived from 429 recent HDB resale transactions in the vicinity. This robust sample size ensures that the valuation is not only reflective of current market conditions but also takes into account various influencing factors such as location desirability, proximity to amenities, and overall market sentiment. As the Pasir Ris area continues to evolve, properties with a remaining lease of over 60 years are likely to see sustained interest, particularly among families and first-time buyers looking for a long-term investment in Singapore's vibrant housing landscape.