4 Room (4A) HDB for Sale in 232 Pasir Ris Drive 4

The valuation of the HDB 4-room property in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $564,467, translating to a price per square foot (PSF) of $504. This valuation is particularly noteworthy as it sits 18.3% above the market baseline, indicating a strong demand for HDB properties in this locale. The high model confidence, derived from an analysis of 430 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation amidst the current market dynamics.

Pasir Ris has demonstrated robust resilience in its property values, attributed to various factors including its strategic location, accessibility to amenities, and the overall appeal of the neighborhood. The remaining lease of 65 years positions this HDB unit favorably, as it still provides ample time for potential owners to capitalize on their investment. The above-market valuation signals a competitive interest in the area, suggesting that buyers are willing to invest premium prices for quality living conditions and future growth potential. As the HDB market continues to evolve, properties in Pasir Ris are likely to remain attractive, making this valuation a compelling consideration for prospective buyers and investors alike.