Master Room (HDB) for Rent in 273 Pasir Ris Street 21

The valuation of the HDB 2-room unit in Pasir Ris, with a remaining lease of 75 years, stands at an estimated value of $259,276, translating to a price per square foot (PSF) of $864. This valuation reflects the current market dynamics, with a notable 0% difference from the baseline price, indicating a stable market condition for HDB properties in this region. The consistency in pricing signals a level of confidence among buyers and sellers, suggesting that the area remains a desirable location for potential homeowners and investors alike.

The model confidence rating of medium, based on 17 recent HDB resale transactions in the vicinity, suggests that while there is a substantial data foundation for this valuation, fluctuations in market sentiment and external economic factors could still influence future pricing trends. As the remaining lease of 75 years is a critical factor in HDB valuations, it is imperative for stakeholders to monitor lease decay and its implications on long-term property value. The Pasir Ris locale, with its evolving infrastructure and community developments, continues to present opportunities for growth, making this property an attractive consideration in the current market landscape.