5 Room (5I) HDB for Sale in 761 Pasir Ris Street 71

The subject property, a 5-room HDB unit in the desirable Pasir Ris area, is currently valued at approximately $686,614, equating to a price per square foot (PSF) of $510. This valuation reflects a market signal with a modest 3.4% variance from the baseline, indicating a stable pricing environment amidst the broader real estate landscape. The unit benefits from a remaining lease of 67 years, positioning it favorably for long-term investment potential, as properties with extended leases tend to attract a wider pool of buyers, particularly families seeking longevity in their living arrangements.

The valuation is reinforced by a robust model confidence rating of high, derived from an extensive analysis of 396 recent HDB resale transactions within the vicinity. This substantial dataset underlines the reliability of the valuation and highlights current market dynamics, which show a consistent demand for HDB properties in Pasir Ris. The area's appeal is further augmented by its proximity to amenities and transportation links, making it an attractive option for potential homeowners and investors alike. As the market continues to evolve, this property exemplifies the resilience of HDB values in prime locations.