4 Room (4A) HDB for Sale in 102 Pasir Ris Street 12

In the current landscape of Singapore's real estate market, the HDB 4-room property located in Pasir Ris, with a remaining lease of 61 years, presents an intriguing valuation scenario. Priced at $628,381, translating to $479 per square foot, this property's estimated value indicates a premium that stands 11.4% above the baseline market price, suggesting that demand may be outpacing supply in this specific micro-market. The elevated valuation signals a potential confidence in the area’s future prospects, despite the low model confidence derived from a limited dataset, specifically based on just one recent resale transaction in the vicinity.

This valuation highlights the importance of lease tenure in the HDB market, particularly when considering the 61 years remaining on this property. As buyers increasingly factor in leasehold duration, properties with substantial remaining leases may command higher premiums, reflecting not only their immediate utility but also their longer-term investment potential. With Pasir Ris being a well-regarded residential enclave, the market dynamics here suggest an ongoing interest, albeit with caution due to the limited transaction data. Investors should consider both current market signals and the implications of lease duration when evaluating this property for future investment opportunities.