5 Room (5I) HDB for Sale in 138 Pasir Ris Street 11

The valuation of the 5-room HDB unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $695,873, translating to a price per square foot of $494. This valuation is reflective of the current market conditions, showing a minimal deviation of just 0.3% from the baseline market price, indicating a stable demand for properties in this locale.

However, it is essential to note that the model confidence for this valuation is categorized as low, based on the analysis of only two recent HDB resale transactions in the vicinity. This limited transactional data may contribute to fluctuations in perceived value, especially considering the remaining lease period. As HDB properties age, particularly those with shorter remaining leases, market dynamics can shift, influencing buyer sentiment and investment potential. Investors and homeowners must remain vigilant of these trends as they navigate the evolving landscape of the Singapore property market.