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, has been estimated at $470,553 or $465 PSF. This figure is notable as it reflects a market signal categorized as Above Market, with a substantial 31.3% difference from the baseline valuation. Such a premium suggests a heightened demand for properties in this locality, potentially driven by the attractive amenities, connectivity, and lifestyle offerings that Pasir Ris provides.

However, it is essential to approach this valuation with caution as the model confidence is rated as Low. This rating is derived from an analysis of only 5 recent HDB resale transactions in the vicinity, indicating a limited data pool that could influence the reliability of the estimated value. The remaining lease of 61 years warrants attention, particularly as it impacts buyer sentiment and long-term investment viability. In summary, while the current valuation reflects an optimistic outlook for the Pasir Ris market, potential investors should remain cognizant of the underlying lease duration and the fluctuating market dynamics that could affect future resale value.