4 Room (4A) HDB for Sale in 114 Pasir Ris Street 11

The valuation of the 4-room HDB unit in Pasir Ris, with a remaining lease of 61 years, stands at an estimated value of $530,594, translating to a price per square foot of $465. This valuation is notably above the market baseline, reflecting a significant 22.5% premium compared to current market trends. Such a discrepancy warrants a thorough examination of the underlying drivers contributing to this elevated pricing.

Recent market activity in the Pasir Ris area, derived from five comparable HDB resale transactions, indicates a competitive landscape, albeit with a low confidence level in the model's assessment. This suggests that while the property is positioned favorably, there may be inherent risks associated with its valuation due to market volatility and the diminishing lease term. Investors and prospective buyers should consider these factors, particularly the implications of the remaining lease period on long-term value retention and potential appreciation.