HDB Executive for Room Rent: 217 Pasir Ris Street 21

In the vibrant residential landscape of Pasir Ris, the valuation of the HDB Executive unit reflects the prevailing market dynamics and the enduring value of HDB properties in Singapore. With a remaining lease of 65 years, this property has been appraised at an estimated value of $79,156, translating to a competitive price point of $528 per square foot (PSF). This valuation is significant as it indicates a robust market sentiment, evidenced by the 0% deviation from the baseline market price, suggesting a stable demand for HDB units in this locale.

The model confidence is rated as high, underscoring the reliability of the valuation derived from a comprehensive analysis of 334 recent HDB resale transactions within the vicinity. The data reflects a clear trend in the Pasir Ris area, where demand continues to hold steady despite broader economic fluctuations. This stability is crucial for prospective buyers and investors, as it highlights the resilience of HDB properties as a viable long-term investment, particularly in regions like Pasir Ris that offer both community amenities and accessibility to transport networks.