Common Room (HDB) for Rent in 538 Pasir Ris Street 51

The valuation of the 2-room HDB unit in Pasir Ris at an estimated value of $83,992, translating to approximately $560 per square foot, reflects a stable market position with a market price indicating no deviation from the baseline. This stability is significant, particularly in the context of a remaining lease of 65 years, which positions the property within a balanced spectrum of affordability and long-term viability for prospective buyers. The longevity of the lease is a critical factor in sustaining the asset's value, especially in the competitive landscape of Singapore's public housing market.

However, it is essential to acknowledge the low confidence level associated with this valuation, underpinned by the analysis of only four recent HDB resale transactions within the vicinity. This limited data pool may introduce variability, suggesting that potential fluctuations in market sentiment could impact future pricing dynamics. Investors and homeowners should remain vigilant of evolving market trends, especially as housing demand and supply conditions shift in response to broader economic factors. The current market signal, indicative of a 0% difference from the baseline, emphasizes a moment of equilibrium; yet, stakeholders should be prepared for potential adjustments in response to market forces.