3 Room (3A) HDB for Sale in 166B Teck Whye Crescent

The valuation of the 3-room HDB in Bukit Batok, with a remaining lease of 86 years, stands at an estimated value of $403,885, translating to a price per square foot (PSF) of $592. This valuation is notably positioned above the market average, reflecting a substantial 26% premium over baseline pricing. Such a divergence indicates a robust demand for properties in this locale, primarily driven by Bukit Batok’s strategic location and the availability of amenities that cater to a diverse demographic.

The model confidence in this valuation is classified as high, supported by a comprehensive analysis of 428 recent HDB resale transactions in the vicinity. This wealth of data underscores the stability and desirability of the Bukit Batok area, where properties are continuing to attract buyers, particularly those seeking long-term investments with favorable lease tenures. The remaining lease of 86 years further enhances the appeal, as it provides potential homeowners with a sense of security regarding their investment horizon.