Executive HDB for Sale in 266 Pasir Ris Street 21

The HDB Executive property in Pasir Ris, with a remaining lease of 66 years, is currently valued at approximately $842,851, translating to a price per square foot (PSF) of $537. This valuation reflects a noteworthy 4.4% deviation from the baseline market price, signaling a robust interest and demand for HDB properties in this vibrant residential enclave. The strong estimated value is further substantiated by the high model confidence, which is derived from a comprehensive analysis of 282 recent HDB resale transactions in the vicinity, ensuring a well-rounded perspective on market trends.

In the context of Singapore's real estate landscape, the Pasir Ris area has been experiencing a steady appreciation in property values, driven by its strategic location and the availability of essential amenities. The HDB Executive model itself, known for its spacious layouts and family-friendly configurations, continues to attract discerning buyers, particularly those seeking long-term investment opportunities in a leasehold property. As the market adapts to changing economic conditions and buyer preferences, the 66-year remaining lease on this property positions it favorably, promising a solid potential for capital appreciation in the years to come.