Common Room (HDB) for Rent in 525B Pasir Ris Street 51

HDB 2 Room Valuation in Pasir Ris

The estimated value of the HDB 2-room unit in Pasir Ris stands at $136,006, translating to a competitive $907 PSF. This valuation reflects a market price that is perfectly aligned with the baseline, indicating a 0% difference from recent transactions. Such stability in pricing suggests a balanced demand-supply dynamic in the local HDB market, bolstered by the unit's remaining lease of 88 years. This substantial lease tenure enhances the property’s appeal, particularly among first-time buyers and investors who prioritize long-term value retention.

Analysis of 16 recent HDB resale transactions in the vicinity corroborates this valuation, revealing a medium level of model confidence. While the data reflects a stable market environment, it is imperative to consider the broader economic indicators influencing buyer sentiment and purchasing power. The Pasir Ris area, known for its family-friendly amenities and proximity to natural attractions, continues to attract interest, potentially supporting future price appreciation. As such, this valuation serves not only as a reflection of current market conditions but also as an insightful indicator for potential investors looking to capitalize on the long-term viability of HDB properties in Singapore.