4 Room (4A) HDB for Sale in 524B Pasir Ris Street 51

The subject property, a 4-room HDB located in the vibrant district of Pasir Ris, presents an intriguing investment opportunity, particularly given its remaining lease of 88 years. With a current estimated value of $857,149, translating to approximately $856 per square foot, this property is positioned competitively within the local market. The analysis indicates a market signal categorizing this listing as a "Good Deal," reflecting a 6.9% difference from the baseline valuation. Such a variance suggests a favorable entry point for potential buyers, especially in the context of rising demand for HDB units in well-connected areas like Pasir Ris.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited data pool, which is based on only two recent HDB resale transactions in the surrounding vicinity. This scarcity of comparable sales may introduce volatility in price assessments, necessitating a cautious approach for prospective investors. As the real estate landscape in Singapore continues to evolve, factors such as government policies, infrastructural developments, and demographic shifts will play a crucial role in shaping the future value of HDBs in this area. Therefore, while the current valuation reflects a promising opportunity, ongoing market monitoring and additional due diligence are advised for informed investment decisions.