Maisonette HDB for Sale in 464 Pasir Ris Street 41

The valuation of the HDB Executive unit located in Pasir Ris, with a remaining lease of 65 years, reflects a noteworthy estimated value of $825,183, translating to a price per square foot (PSF) of $508. This valuation positions the property above the market baseline by 8.9%, suggesting a premium that may be attributed to several local market dynamics and the inherent desirability of the Pasir Ris area, which is known for its family-friendly environment and proximity to recreational amenities.

It is essential to note that the model confidence for this valuation is categorized as low, indicating potential variability in the data or market conditions influencing recent resale transactions in the vicinity. The assessment is based on three comparable HDB resale transactions, underscoring the need for careful consideration of market fluctuations and buyer sentiment. As the remaining lease diminishes over time, prospective buyers should evaluate not only the current valuation but also the long-term implications of leasehold properties in Singapore’s evolving real estate landscape.