5 Room (5I) HDB for Sale in 766 Pasir Ris Street 71

The valuation of the HDB 5-room unit in Pasir Ris, with a remaining lease of 67 years, is estimated at $697,798, translating to a price per square foot of $510. This valuation reflects a robust confidence level, supported by a comprehensive analysis of 398 recent HDB resale transactions in the surrounding area. The strong model confidence signals that this valuation is grounded in accurate and relevant market data, indicating a well-informed appraisal process.

In terms of market dynamics, the estimated value presents a 3.9% deviation from the baseline market price, illustrating a competitive positioning within the local real estate landscape. This slight premium reflects a healthy demand for HDB properties in Pasir Ris, driven by the area's appealing amenities and infrastructure. As the remaining lease of 67 years is considered relatively favorable in the context of Singapore's real estate landscape, it positions this property as an attractive option for potential buyers and investors seeking long-term value in a vibrant neighborhood.