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The valuation of the HDB 5 Room unit in Bukit Batok, with a remaining lease of 70 years, has been estimated at $105,556, translating to a price per square foot (PSF) of $556. This valuation reflects a market price that is remarkably aligned with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced demand and supply scenario in the Bukit Batok region, which is critical for potential buyers and investors considering long-term commitments in the HDB market.

However, it is important to note that the model confidence associated with this valuation is categorized as low, stemming from a limited dataset of only two recent HDB resale transactions in the vicinity. This scarcity of transactional data may imply heightened volatility in market sentiment or a lack of comparable sales, factors that could influence future valuations. As the

Daniel Kum

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