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

The valuation of the HDB 2 Room 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 figure is indicative of the current market dynamics, reflecting a baseline price with a market signal showing no deviation, thus suggesting a stable demand within the locality despite the low model confidence rating. The consistency in pricing could indicate that this segment of the market is resilient, yet the low confidence suggests that external factors may be influencing valuation accuracy.

Recent resale transactions within the vicinity provide a context for this valuation, with only four comparable sales contributing to the analysis. This limited dataset highlights potential fluctuations in market activity and buyer sentiment. As the remaining lease period of 66 years is considered, it is essential to note that properties with shorter leases may face challenges in attracting buyers in the future. However, the established community and amenities in Pasir Ris may mitigate this concern, providing a stable environment for potential owners looking to invest in this HDB segment.