Common Room (HDB) for Rent in 182 Pasir Ris Street 11

The valuation of the HDB 2-room unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $106,657, translating to a price per square foot (PSF) of $533. This valuation indicates a market price that reflects a zero percent difference from the baseline, suggesting a stable market environment where the property is neither appreciating nor depreciating significantly. Such stability can be indicative of a balanced demand and supply dynamic in this particular segment of the HDB market.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset from which the analysis is drawn—only four recent resale transactions within the vicinity. This scarcity of comparable sales may impact the robustness of the valuation, highlighting the need for cautious interpretation. Investors and homeowners should consider the implications of the remaining lease term as it can significantly influence future resale potential and marketability. In a dynamic market such as Singapore's, where leasehold properties are particularly sensitive to the remaining lease duration, the 65-year tenure could present both opportunities and challenges for prospective buyers.