7 Bed Bungalow (Landed) for Sale in Toh Estate

The valuation of the HDB Executive property located in Pasir Ris, with a remaining lease of 86 years, stands at an estimated value of $4,592,478, translating to an impressive $599 per square foot. This valuation not only reflects the intrinsic qualities of the property but also indicates a significant market signal, with a deviation of 139.5% above the baseline market valuation. Such a substantial premium suggests a strong demand for executive HDBs in this locale, underscoring the desirability of Pasir Ris as a residential choice.

The model confidence for this valuation is rated as high, grounded in an extensive analysis of 323 recent HDB resale transactions within the vicinity. This robust dataset reinforces the credibility of the valuation, taking into account both current market conditions and the long-term lease remaining on the property. The 86-year lease offers potential buyers a sense of security and longevity, which is particularly appealing in Singapore's competitive housing market. As urban development continues and amenities in Pasir Ris improve, the intrinsic value of such properties is likely to appreciate further, enhancing their attractiveness to potential buyers.