Common Room (HDB) for Rent in 106 Pasir Ris Street 12

The valuation of the HDB 2-room unit in Pasir Ris reveals a current estimated value of $86,073, translating to $717 per square foot. With a remaining lease of 61 years, this property sits within a competitive market segment that has exhibited stability, as indicated by the market price being aligned with baseline assessments, reflecting a 0% difference from the baseline. This equilibrium suggests a balanced demand-supply dynamic in the region, with no significant upward or downward pressure on prices at this juncture.

Our analysis is grounded in data from 17 recent HDB resale transactions in the vicinity, providing a robust comparative framework for valuation. The medium model confidence indicates a reliable but cautious interpretation of current market conditions, emphasizing the importance of ongoing monitoring for fluctuations that could arise from broader economic shifts or local developments. As the Pasir Ris area continues to evolve, potential buyers and investors should consider not only the current valuation but also the long-term implications of the remaining lease, which could influence future resale opportunities and overall investment viability.