Common Room (HDB) for Rent in 704 Pasir Ris Drive 10

The valuation of the HDB 2-room unit in Pasir Ris, with a remaining lease of 67 years, stands at an estimated value of $54,969, translating to a price per square foot (PSF) of $550. This figure reflects the current market price, indicating a stable demand within the local housing sector, as it shows a 0% deviation from the baseline. Such stability is essential in the context of Singapore’s dynamic real estate landscape, where fluctuations can often signal broader economic trends.

Analyzing recent resale transactions in the vicinity, it is noteworthy that the model confidence for this valuation remains classified as low. This suggests that while the current market signals are stable, there may be underlying factors influencing buyer sentiment and pricing dynamics. The limited number of comparable transactions—only four in total—highlights the potential volatility and the need for further market insights. Investors and homeowners alike should remain attentive to the evolving trends in the HDB market, especially as lease durations play a critical role in property value appreciation and buyer interest.