3 Room (3A) HDB for Rent in 137 Petir Road

The valuation of the HDB 3 Room unit in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $372,795, translating to $475 PSF. This valuation is notably aligned with the current market price, indicating a 0% difference from the baseline. Such stability suggests a balanced demand and supply dynamic within the Bukit Batok area, reinforcing the attractiveness of HDB properties in this locality. The model's high confidence level, derived from a comprehensive analysis of 381 recent HDB resale transactions in the vicinity, further substantiates the reliability of this valuation.

In the context of the Singaporean property market, where lease tenure significantly influences buyer sentiment, this 60-year remaining lease presents both opportunities and considerations for potential purchasers. Properties with similar lease tenures in Bukit Batok have demonstrated resilience in pricing, reflecting the area's enduring appeal amidst fluctuating market conditions. As urban development continues to evolve in Singapore, the HDB sector remains a cornerstone of affordable housing, making this valuation particularly pertinent for both investors and homeowners looking to capitalize on a stable yet dynamic real estate landscape.