Common Room (HDB) for Rent in 768 Pasir Ris Street 71

The current valuation of the 4-room HDB unit in Pasir Ris, with a remaining lease of 67 years, stands at an estimated value of $311,564, translating to $519 per square foot (PSF). This valuation reflects a market price that is in equilibrium, exhibiting a 0% difference from the baseline. Such stability suggests that the property is well-positioned within the current market landscape, buoyed by the robust demand for HDB units in this vicinity.

The analysis is grounded in a comprehensive review of 429 recent HDB resale transactions within Pasir Ris, providing a solid basis for the high model confidence in this valuation. The property’s remaining lease of 67 years plays a crucial role in its market appeal, as buyers are increasingly discerning about lease tenure and its implications for future resale value. As urban development continues to influence property desirability, this HDB unit is poised to attract interest from both owner-occupiers and investors, particularly given the established amenities and connectivity in the Pasir Ris area.