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, is estimated at $162,268, translating to approximately $811 PSF. This figure reflects a market price that shows a stable equilibrium, with a 0% difference from the baseline, indicating that the property is currently valued in line with prevailing market conditions. The model confidence is categorized as medium, suggesting that while the valuation is grounded in solid data, there may be some variables influencing market dynamics that warrant further observation.

This valuation is reinforced by an analysis of 17 recent HDB resale transactions in the vicinity, providing a robust data set that reflects the local market sentiment. The stability of the estimated value highlights the resilience of the Pasir Ris area, which has historically shown a steady demand for HDB properties. As the remaining lease is a critical factor in HDB valuations, the 69-year remaining tenure positions this unit favorably within the market, allowing potential buyers to benefit from a balanced investment opportunity. Overall, the current valuation signals a conducive environment for both buyers and sellers, provided that they remain attuned to the evolving market conditions.