Executive HDB for Sale in 221 Pasir Ris Street 21

The valuation of the HDB Executive in Pasir Ris, with a remaining lease of 75 years, stands at an estimated value of $956,227, equating to $597 PSF. This valuation positions the property significantly above the market baseline by 15%, indicating a strong demand and desirability within the local real estate landscape. Such a premium suggests that buyers are willing to pay a higher price, likely due to the property’s strategic location and the amenities offered in the Pasir Ris area.

The model confidence for this valuation is categorized as high, reinforcing the reliability of this estimate. This confidence is drawn from an analysis of 330 recent HDB resale transactions in the vicinity, reflecting current market dynamics and trends. The robust demand for HDB properties in Pasir Ris, coupled with a diminishing supply of executive flats with considerable remaining leases, positions this property as a lucrative investment opportunity for discerning buyers seeking long-term value in Singapore's competitive real estate market.