Executive HDB for Sale in 207 Pasir Ris Street 21

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $842,038, translating to a price per square foot (PSF) of $525. This valuation is noteworthy, as it reflects a market signal that indicates a premium above the baseline by approximately 10.2%. Such a deviation suggests that the property is positioned favorably within the current market dynamics, potentially driven by factors such as localized demand, amenities, and the overall desirability of the Pasir Ris area.

However, it is imperative to approach this valuation with caution, as the model confidence is categorized as low. This classification arises from the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity to inform the valuation. Consequently, while the elevated market signal may imply a robust interest in HDB properties within this locale, prospective buyers and investors should remain vigilant and consider the broader market trends and historical performance of similar properties. Ultimately, this valuation encapsulates both the potential and the uncertainties inherent in the current real estate landscape in Singapore.