Terraced House for Room Rent: Loyang Villas

The valuation of the HDB 2 Room unit in Pasir Ris reflects a nuanced understanding of the local property dynamics, especially considering its remaining lease of 69 years. Priced at an estimated value of $162,268, or $811 per square foot, this property stands at a market signal indicative of stability, with a 0% difference from the baseline. This suggests that the current valuation aligns closely with recent market transactions, reinforcing the notion of an equilibrium state within the local HDB market.

Analysis of 17 recent HDB resale transactions in the vicinity provides a robust basis for this valuation, lending medium confidence to the model. The Pasir Ris area has shown resilience in its real estate market, supported by its strategic location and comprehensive amenities. Furthermore, the remaining lease period of 69 years is significant, as it balances the considerations of longevity with market demand, ensuring that prospective buyers are still attracted to the area. In summary, this valuation encapsulates the stable market conditions while reflecting the broader trends influencing HDB pricing in Singapore.