Premium HDB for Sale in 530C Pasir Ris Drive 1

The valuation of the HDB 4-room property in Pasir Ris, with a remaining lease of 88 years, stands at an estimated value of $889,977, translating to a price per square foot (PSF) of $961. This valuation is derived from a careful analysis of recent market transactions, with a particular focus on nine comparable HDB resale transactions in the vicinity. The market signal indicates a 3.4% difference from the baseline price, suggesting a moderately active market where demand is slightly outpacing supply, thereby influencing the valuation upwards.

With a remaining lease of 88 years, this property enjoys a relatively long tenure which is appealing to potential buyers, particularly families seeking stability in their living arrangements. The medium confidence level in this valuation reflects the inherent variability of the HDB market, influenced by factors such as location desirability, recent sales activity, and broader economic conditions. Nevertheless, the Pasir Ris area is known for its comprehensive amenities and connectivity, which further solidifies the value proposition of this property. As the market continues to evolve, this HDB unit represents a strategic investment opportunity for discerning buyers aiming to capitalise on the longevity of the lease and the area’s growth potential.