HDB Executive for Room Rent: 454 Pasir Ris Drive 6

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 62 years, reflects a calculated estimate of $80,841, translating to a price per square foot of $539. This valuation is grounded in the analysis of recent market activity, specifically four recent HDB resale transactions in the vicinity, which provide a comparative baseline for assessment. Notably, the current market price aligns closely with the estimated value, indicating a 0% difference from the baseline, suggesting a stabilizing trend in this segment of the HDB market.

However, the model confidence for this valuation is categorized as low, which warrants careful consideration. This low confidence level implies potential volatility and external factors that could influence future market dynamics. The remaining lease of 62 years is a critical factor, as it may affect buyer sentiment and long-term investment viability. In a market where leasehold properties are increasingly scrutinized, this valuation serves as a pivotal reference point, highlighting the intricate balance between current market conditions and the inherent value tied to lease duration.