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The valuation of the HDB 2 Room unit in Bukit Batok, with a remaining lease of 90 years, stands at an estimated value of $429,581, equating to $849 PSF. This pricing reflects a 4.3% difference from the baseline market price, indicating a slight premium that may suggest a competitive demand in the area. However, it is essential to note that the model confidence for this valuation is classified as low, which may stem from the limited dataset of only seven recent HDB resale transactions in the vicinity.

As we navigate the complexities of the Bukit Batok market, the remaining lease of 90 years plays a crucial role in the perceived value of this property. The longevity of the lease is a significant factor, especially for potential buyers who are increasingly discerning about the long-term investment potential of HDB properties. Furthermore, the moderate variance from baseline prici

Tan Chor Eng (Alice)

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