Terraced House for Room Rent: Changi Heights

The valuation of the HDB 2 Room unit in Pasir Ris, with a remaining lease of 75 years, stands at an estimated value of $207,247, translating to $864 PSF. This assessment reflects a market price that exhibits a 0% difference from the baseline, indicating that the property is currently priced in line with prevailing market conditions. The stability in pricing suggests a well-balanced demand and supply dynamic within the Pasir Ris area, which has seen consistent interest due to its favorable amenities and accessibility.

With a model confidence level classified as medium, this valuation is supported by an analysis of 16 recent HDB resale transactions in the vicinity, providing a robust data set for comparison. The ongoing demand for HDB properties in regions like Pasir Ris, characterized by a healthy remaining lease, reinforces the investment potential of this unit. As the market evolves, such properties may continue to attract interest from both first-time buyers and investors seeking stable returns, particularly given the enduring appeal of the HDB model in Singapore's residential landscape.