637 Pasir Ris Drive 1 510637, Pasir Ris West, East Region, Singapore
$638,000
Discover the perfect family home at 637 Pasir Ris Drive 1. Nestled in a mature and sought-after estate, this 4-room HDB flat offers unparalleled convenience, excellent connectivity, and a tranquil living environment surrounded by nature. Excellent Connectivity: 4 bus stops to Pasir Ris MRT Interchange (EWL) , White Sands, and the Pasir Ris Mall. Future-Proof Investment: Just a short walk to the future Elias MRT Station on the Cross-Island Line (opening ~2032), promising enhanced connectivity and property value. Unbeatable Convenience: 4-minute walk to Elias Mall for your daily groceries, hawker food, and retail needs. 10-minute walk to Pasir Ris West Plaza for more shopping and dining options. Supermarkets nearby: NTUC FairPrice (Pasir Ris West Plaza) and Sheng Siong (Elias Mall) . Perfect for Families: 3 Primary Schools within 1km: Elias Park Primary School Meridian Primary School Park View Primary School My First Skool preschool is conveniently located just below the block – zero stress for morning drop-offs! Leisure & Nature at Your Doorstep: Located near the whimsical Brontosaurs Parks – a hit with kids and perfect for family outings. Direct access to the Park Connector Network (PCN), ideal for cycling and jogging to the sprawling Pasir Ris Park and beach. The Unit: Spacious 4-room HDB layout, ideal for growing families. Well-ventilated and bright unit. Squarish layout, no odd shapes. Separated living and dining hall. Photos are enhanced using AI to remove some furniture, etc.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3008899K
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$557,891
S$499 psf
Asking Price
S$638,000
S$570 psf
vs Market
+14.4%
vs Last Done
+4.0%
Tenure
66 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Pasir Ris
1080m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$529
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.943
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$499
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 637 PASIR RIS DR 1 Floor 07 TO 09 | 1,119sqft | S$613,888 | ▲S$548 +9.8% vs FV | 99yr from 1995 |
Nov 2024 | Blk 637 PASIR RIS DR 1 Floor 07 TO 09 | 1,119sqft | S$613,888 | ▲S$548 +9.8% vs FV | 99yr from 1995 |
Jun 2024 | Blk 637 PASIR RIS DR 1 Floor 04 TO 06 | 1,119sqft | S$570,000 | ▲S$509 +2.0% vs FV | 99yr from 1995 |
Blk 637 PASIR RIS DR 1
Nov 2024 · Floor 07 TO 09
+9.8% vs FV
Blk 637 PASIR RIS DR 1
Nov 2024 · Floor 07 TO 09
+9.8% vs FV
Blk 637 PASIR RIS DR 1
Jun 2024 · Floor 04 TO 06
+2.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $557,891, translating to approximately $499 PSF. This pricing positions the property above the market average by 14.4%, indicating a premium valuation against the current market dynamics. Such a significant deviation from the baseline suggests that this property may be appealing to buyers who prioritize location and potential future developments within the Pasir Ris region.
However, it is crucial to note that the model confidence for this valuation is classified as low, primarily due to the reliance on just two recent HDB resale transactions in the vicinity. This limited data set can lead to volatility in valuation accuracy, particularly in a market characterized by fluctuating demand and varying buyer sentiment. As the remaining lease diminishes, buyers should also consider their long-term investment horizon and the implications of lease decay on future resale value. Overall, while the current valuation reflects a strong market signal, prospective buyers should approach with caution, weighing the risks associated with both the lease term and market conditions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.