4 Room (4A) HDB for Sale in 486 Pasir Ris Drive 4

The valuation of the HDB 4 Room unit in Pasir Ris, with a remaining lease of 64 years, stands at an estimated value of $489,858, translating to a price per square foot (PSF) of $438. This valuation reflects a noteworthy market signal, as it positions the property above the baseline value by 16.4%. Such a premium valuation suggests a robust demand for HDB units in this locale, driven by factors including accessibility, community amenities, and the overall desirability of the Pasir Ris area.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset from which the valuation is derived, specifically based on only two recent HDB resale transactions in the vicinity. This low confidence level indicates that while the current valuation is promising, potential buyers and investors should exercise caution and consider broader market trends and upcoming developments that may impact the long-term viability of the property’s value. As the remaining lease diminishes, the dynamics of the HDB market in Pasir Ris will likely evolve, making it crucial for stakeholders to remain vigilant regarding market fluctuations and regional growth patterns.