Maisonette HDB for Sale in 101 Pasir Ris Street 12

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 61 years, is estimated at $791,341, translating to a price per square foot (PSF) of $503. This valuation indicates a significant upward deviation from the baseline market, presenting a 25.1% premium. Such a notable difference suggests that the property is currently positioned above market expectations, potentially driven by specific local demand factors or unique attributes of the unit itself.

However, it is essential to approach this valuation with caution, as the model confidence is categorized as low. This indicates that the estimate is based on a limited dataset, specifically six recent HDB resale transactions in the vicinity. The market dynamics in Pasir Ris may be influenced by various elements such as proximity to amenities, transportation links, and overall neighborhood attractiveness. Investors and prospective buyers should consider these factors alongside the remaining lease term, as the diminishing leasehold may impact future resale value and marketability.