3 Room (3A) HDB for Sale in 131 Cashew Road

The HDB 3 Room property located in Bukit Batok, with a remaining lease of 60 years, is currently estimated at a value of $358,390, or $456 per square foot. This valuation reflects a significant market signal, indicating an above-market positioning with a striking 39.5% difference from the baseline. Such a premium valuation is noteworthy, especially considering the overall market dynamics influencing HDB prices in Singapore.

Analysis of recent transactions in the vicinity, which include only two comparable HDB resales, suggests a level of volatility that contributes to the low confidence in this model's estimation. The limited data points available raise questions about the sustainability of this valuation, as the local market may be susceptible to fluctuations influenced by broader economic conditions and shifts in buyer sentiment. As the remaining lease period diminishes, potential buyers may exhibit increased caution, impacting future resale opportunities and market resilience.