Common Room (HDB) for Rent in 211 Pasir Ris Street 21

The valuation of the HDB 2-room unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $51,728, translating to a price per square foot (PSF) of $533. This valuation reflects a market price that shows a 0% difference from the baseline, indicating stability in the current market dynamics. The data is supported by recent resale transactions in the vicinity, which provide a contextual benchmark for understanding the local property landscape.

It is noteworthy that the model confidence for this valuation is categorized as low, suggesting that while the recent transactions provide some insights, there may be external factors influencing the market that are not fully captured in the analysis. In the context of the remaining lease, properties with 65 years left can often experience varying demand levels, particularly as they approach the critical milestones of lease expiry. Thus, the stability in pricing may also reflect a cautious market sentiment, where buyers are weighing the implications of lease duration against their investment horizon.