Common Room (HDB) for Rent in 112 Pasir Ris Street 11

The valuation of the HDB 2 Room unit in Pasir Ris, with a remaining lease of 62 years, stands at an estimated value of $89,158, translating to a price per square foot (PSF) of $743. This assessment reflects a market price that is in equilibrium, indicating a 0% difference from the baseline. Such stability in pricing is indicative of a balanced market environment, where supply and demand conditions are well-aligned, particularly for smaller HDB configurations in suburban areas like Pasir Ris.

Based on the analysis of 16 recent HDB resale transactions in the vicinity, the model confidence is categorized as medium, suggesting a reasonable level of certainty in the valuation despite potential fluctuations in market sentiment. As the remaining lease progressively diminishes, it is crucial for investors and homeowners alike to consider the implications of leasehold properties on long-term value. The current market dynamics, characterized by stable pricing and moderate transaction volumes, provide a conducive landscape for buyers seeking entry into the HDB market, particularly within established residential zones such as Pasir Ris.