Common Room (HDB) for Rent in 104 Pasir Ris Street 12

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 61 years, stands at an estimated value of $70,878, translating to a price per square foot (PSF) of $473. This figure positions the property at the baseline market price, indicating a neutral market condition where supply and demand are well-aligned. The absence of any price differential suggests a robust equilibrium, reflecting both the ongoing desirability of the Pasir Ris locale and the confidence of buyers in the long-term viability of HDB investments.

Our analysis, grounded in data from 425 recent HDB resale transactions in the vicinity, reveals a high model confidence in this valuation. The stability of the market is underscored by the remaining lease period, which, while slightly above the average for HDB properties, provides potential homeowners with a substantial duration for occupancy. This, combined with Pasir Ris's strategic positioning and community amenities, underpins the solid valuation, suggesting that this property remains an attractive option for both investors and homeowners looking to capitalize on the area's growth potential.