5 Room (5I) HDB for Sale in 774 Pasir Ris Street 71

The valuation of the 5-room HDB property in Pasir Ris, with a remaining lease of 68 years, stands at an estimated value of $720,714, translating to a pricing metric of $536 per square foot. This pricing reflects a market signal categorizing this property as a 'Good Deal,' with a notable 5.6% advantage over the baseline valuation. Such a differential indicates a promising entry point for potential buyers, particularly in a market where lease tenure remains a critical component of property desirability.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only one recent HDB resale transaction available in the vicinity. This lack of robust comparative data may introduce volatility in the valuation accuracy, suggesting that prospective buyers should conduct further due diligence. The remaining lease of 68 years, while still providing substantial tenure for future occupants, could also influence long-term value appreciation dynamics. As the market continues to evolve, understanding the nuances of leasehold properties in Pasir Ris will be vital for strategic investment decisions.