Executive HDB for Sale in 210 Pasir Ris Street 21

The valuation of the HDB Executive property located in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $762,034, translating to a price per square foot (PSF) of $482. This figure indicates a market signal that is notably above the baseline, reflecting a 12.2% premium compared to similar properties in the vicinity. Such a valuation suggests a robust demand for HDB units in this area, likely driven by a combination of factors including strategic location, community amenities, and ongoing developments in Pasir Ris that enhance its attractiveness to potential buyers.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only six recent HDB resale transactions in the vicinity. This scarcity of comparable sales may lead to fluctuations in perceived value, influenced by individual buyer preferences and market sentiment. As the remaining lease period is a critical factor in HDB valuations, buyers should weigh the implications of the remaining 65-year lease against the backdrop of market dynamics in Pasir Ris, ensuring a comprehensive understanding of the long-term investment potential of this property.