Common Room (HDB) for Rent in 273 Pasir Ris Street 21

The valuation of the HDB 3 Room property in Pasir Ris, with a remaining lease of 66 years, stands at an estimated value of $556,180, translating to a price per square foot of $687. This valuation reflects a stable market condition, as evidenced by the 0% difference from the baseline market price. Such stability is indicative of a balanced demand and supply dynamic in the region, which is further reinforced by the high confidence level of this model, based on an analysis of 42 recent HDB resale transactions in the vicinity.

As the remaining lease of 66 years is a significant factor in HDB valuation, it positions this property within a competitive market segment, appealing to both first-time buyers and investors looking for potential long-term appreciation. The strong market signal and robust transactional activity in the area suggest that Pasir Ris continues to maintain its allure due to its strategic location and community amenities. This blend of factors underlines the property's intrinsic value and ongoing desirability in the HDB resale market.