Common Room (Landed) for Rent in Elias Terrace

The valuation of the 2-room HDB unit in Pasir Ris, with a remaining lease of 67 years, reflects the current market dynamics and robust demand within the area. Priced at an estimated value of $120,537, which translates to an impressive $804 per square foot, this property sits at a critical juncture in the HDB market. Notably, the market price indicates a 0% difference from the baseline, showcasing a stability that is crucial for potential investors and homeowners alike.

Our analysis draws on recent data from 34 HDB resale transactions in the vicinity, underscoring the model's high confidence level in this valuation. The consistent demand for HDB properties in Pasir Ris can be attributed to the area's strategic location, accessibility, and community amenities. As the remaining lease of 67 years allows for a considerable duration of habitation, this property represents a sound investment opportunity, particularly for those looking to enter the market with a stable asset that is poised to retain its value in the evolving real estate landscape of Singapore.