4 Room (4A) HDB for Sale in 484 Pasir Ris Drive 4

The valuation of the HDB 4 Room unit in Pasir Ris, with a remaining lease of 64 years, stands at an estimated value of $537,191, translating to a price per square foot (PSF) of $475. This assessment indicates a market signal that is notably above the baseline by 14.5%, suggesting a robust demand for HDB properties in the region despite the diminishing lease duration. The premium pricing may reflect a combination of factors, including desirable location, proximity to amenities, and the overall appeal of Pasir Ris as a residential district.

However, it is important to note that the model confidence for this valuation is categorized as low, derived from only three recent HDB resale transactions in the vicinity. This limited dataset may introduce volatility into the valuation, as it does not fully encapsulate the broader market dynamics or potential fluctuations in buyer sentiment. Investors should exercise caution and consider the implications of the remaining lease on long-term value appreciation, particularly in an evolving real estate landscape where leasehold properties are subject to varying degrees of market interest.