Common Room (HDB) for Rent in 208 Pasir Ris Street 21

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $126,212, translating to a price per square foot (PSF) of $505. This valuation reflects a market price that is in line with the baseline, indicating a stable yet cautious market sentiment. The low confidence level associated with this model suggests that there are underlying factors influencing the valuation dynamics, warranting careful consideration by potential buyers and investors.

Analysis of recent resale transactions in the vicinity indicates a limited volume of comparable sales, which may contribute to the low model confidence. With only two recent transactions to reference, the data set is insufficient to draw robust conclusions about market trends or pricing resilience. As such, prospective buyers should remain vigilant regarding the evolving market conditions in Pasir Ris, particularly given the implications of the remaining lease duration on future capital appreciation and rental yields. Understanding the interplay between leasehold status and market demand is crucial for informed decision-making in this segment of the HDB market.