Common Room (HDB) for Rent in 144 Pasir Ris Street 11

The valuation of the HDB 4-room unit in Pasir Ris, with a remaining lease of 68 years, stands at an estimated value of $53,728, translating to a price per square foot (PSF) of $537. This valuation reflects a market condition where the estimated price aligns perfectly with the baseline, indicating a 0% difference. Such stability suggests a well-balanced demand and supply scenario in the Pasir Ris region, characteristic of its growing desirability among potential homeowners.

With a strong model confidence rating classified as high, this valuation is backed by a comprehensive analysis of 425 recent HDB resale transactions in the vicinity. The consistent market signals indicate that buyers are currently willing to invest at this price point, which is likely influenced by the area's ongoing development and proximity to essential amenities. The remaining lease of 68 years also plays a crucial role in shaping buyer sentiment, as it provides a considerable duration for occupancy while still retaining significant value in the long-term residential market.