Terraced House for Room Rent: Loyang Villas

The valuation of the HDB 2-room unit in Pasir Ris, with a remaining lease of 69 years, stands at an estimated value of $162,132, translating to a price per square foot (PSF) of $811. This figure positions the property at a market price that reflects a 0% difference from the baseline, suggesting a stable equilibrium in the current market conditions for similar HDB units in the area. The model confidence associated with this valuation is categorized as medium, indicating a moderate level of certainty based on the data analyzed.

Recent trends in the HDB resale market in Pasir Ris, derived from 16 comparable transactions, demonstrate a consistent demand for properties within this segment. The longevity of the remaining lease is a significant factor, as it provides potential buyers with a sense of security in their investment, while also aligning with the preferences of young families and first-time buyers seeking affordable housing options. As the market continues to evolve, the resilience observed in this valuation signals a balanced market dynamic, where supply meets demand effectively, thereby upholding property values in this sought-after district.