Common Room (HDB) for Rent in 146 Pasir Ris Street 11

The valuation of the 2-room HDB unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $82,848, translating to a price per square foot (PSF) of $552. This valuation reflects a market price that is aligned with the baseline, indicating no significant deviation in current market sentiment. Such stability in pricing often suggests a balanced demand and supply dynamic in the Pasir Ris area, which is a crucial consideration for potential buyers and investors alike.

Despite the seemingly stable market signal, it is important to note the model confidence is categorized as low, which may indicate variability in the data or unforeseen market shifts that could impact future valuations. The analysis is based on four recent HDB resale transactions in the vicinity, suggesting that while historical data offers insight, caution should be exercised when interpreting this valuation. The remaining lease of 66 years is a salient factor, as properties with limited tenure may experience fluctuating buyer interest, particularly among owner-occupiers and investors seeking long-term returns.