4 Room (4A) HDB for Sale in 476 Pasir Ris Drive 6

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 62 years, stands at an estimated value of $504,425, translating to a price per square foot (PSF) of $455. This valuation is notably above the market baseline, reflecting a significant 25.9% premium compared to comparable properties in the vicinity. Such a deviation indicates a robust demand for HDB units in this area, potentially driven by factors such as proximity to amenities, schools, and transportation links, which are critical to the desirability of residential properties in Singapore.

However, it is crucial to note that the model confidence for this valuation is classified as low, stemming from the limited data pool of only two recent resale transactions in the area. This scarcity of data can lead to fluctuations in perceived value, as it may not fully capture the current market dynamics or the unique characteristics of the property in question. Investors and prospective buyers should approach this valuation with a nuanced understanding of the local real estate landscape, considering both the implications of the remaining lease and the broader market trends influencing HDB sales.