Executive HDB for Sale in 459 Pasir Ris Drive 4

The valuation of the HDB Executive unit located in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $847,080 or $532 PSF. This pricing positions the property as a good deal, reflecting a significant 5.8% difference from the baseline valuation, which is indicative of favorable market dynamics in the area. The Pasir Ris precinct has historically showcased resilience in HDB pricing, and this unit's valuation suggests that it may be undervalued relative to comparable properties within the vicinity.

However, it is essential to consider the model confidence rating, which is categorized as low. This rating arises from the reliance on data derived from only three recent HDB resale transactions in the neighborhood, suggesting a limited market sample. As the real estate landscape is subject to fluctuations influenced by broader economic conditions, potential buyers should weigh this valuation with caution while recognizing the inherent potential that lies within a property with a 65-year lease. Such a lease duration, combined with the current pricing strategies, may offer appealing opportunities for long-term investment in the vibrant Pasir Ris locality.