5 Room (5I) HDB for Sale in 139 Pasir Ris Street 11

The valuation of the HDB 5 Room unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $680,148, translating to a price per square foot (PSF) of $513. This valuation is particularly noteworthy as it reflects a market signal that is above the baseline by 8.7%. Such a premium indicates robust demand for HDB properties in this region, driven by factors including the area's accessibility, amenities, and community attributes that appeal to prospective homeowners.

Given the model confidence rating of high, this valuation is grounded in a comprehensive analysis of 396 recent HDB resale transactions in the vicinity. The remaining lease of 66 years is a critical factor influencing buyer sentiment and market dynamics. In Singapore’s real estate landscape, properties with longer leases typically command higher values, and this unit's positioning within the Pasir Ris locale underscores a competitive edge amid ongoing urban development. As such, the prevailing market conditions suggest a healthy appetite for HDB homes in this area, reinforcing the potential for sustained appreciation in value.