4 Room (4A) HDB for Sale in 487 Pasir Ris Drive 4

The current valuation of the HDB 4 Room unit in Pasir Ris, with a remaining lease of 64 years, stands at an estimated value of $525,500, translating to a price per square foot (PSF) of $470. This valuation is notably above the market baseline, reflecting a significant 15.1% premium. Such a disparity suggests that the property is positioned favorably within the local market context, though it warrants a closer examination of the underlying factors influencing this elevated pricing.

The analysis is informed by two recent HDB resale transactions in the vicinity, providing a limited yet pertinent dataset for valuation comparison. However, it is imperative to note the model confidence is categorized as low, indicating potential volatility in the market and caution in relying solely on these figures. The remaining lease of 64 years is a crucial element to consider, as it impacts buyer sentiment and long-term investment appeal. As the dynamics of the Pasir Ris market evolve, stakeholders should remain vigilant to shifts in demand and supply, which could further influence future valuations.