Room (HDB) for Rent in 610 Elias Road

The valuation of the HDB 2 Room unit in Pasir Ris, with a remaining lease of 75 years, stands at an estimated value of $105,696, translating to $881 per square foot. This valuation is particularly noteworthy given its alignment with the current market price, indicating a 0% difference from the baseline. Such stability in pricing suggests a balanced demand and supply dynamic within the Pasir Ris area, which remains a sought-after locale for both homeowners and investors alike.

With model confidence rated as medium, this valuation is derived from an analysis of 16 recent HDB resale transactions within the vicinity, providing a robust basis for comparison. The consistent demand for HDB units in Pasir Ris can be associated with its strategic location, accessibility to amenities, and the community-centric environment it offers. As the remaining lease of 75 years presents a favorable timeline for potential buyers, this property represents a compelling opportunity in a competitive market where lease duration and location are pivotal factors influencing value retention and growth.