4 Room (4NG) HDB for Sale in 114 Pasir Ris Street 11

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 61 years, stands at an estimated value of $470,553, translating to $465 PSF. This assessment indicates a notable market signal, positioning the property above the prevailing market average by 31.3%. Such a significant deviation from the baseline suggests a heightened demand for properties in this locale, potentially driven by various local amenities and infrastructural developments that enhance the attractiveness of the Pasir Ris area.

However, it is essential to approach this valuation with caution, as the model confidence is rated as low. This rating stems from the limited dataset, based on only 5 recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market dynamics. As the remaining lease diminishes, the long-term investment appeal of this property may be influenced by prevailing market conditions and buyer sentiment towards HDB units with shorter leases. Stakeholders should consider these factors when evaluating the sustainability of the current valuation in the context of Pasir Ris's evolving real estate landscape.