HDB Executive for Room Rent: Pasir Ris

The valuation of the HDB Executive property in Pasir Ris, with a remaining lease of 66 years, is estimated at $858,678, translating to a competitive $537 PSF. This valuation reflects a market price that is aligned with the baseline, indicating a stable price equilibrium in the current real estate landscape. Such stability is encouraging for both buyers and investors, as it suggests a resilient demand for housing in this well-connected residential area.

Our analysis is supported by a robust dataset comprising 284 recent HDB resale transactions in the vicinity, which lends a high degree of confidence to the model's accuracy. The sustained interest in Pasir Ris can be attributed to its strategic location, proximity to recreational amenities, and a strong community vibe, all of which enhance the desirability of HDB properties in this region. Moreover, with the remaining lease being viable for future occupants, this property presents an appealing investment opportunity for those looking to secure assets in a thriving market.