3 Room (3I) HDB for Sale in 533 Bukit Batok Street 51

The valuation of the HDB 3 Room unit in Bukit Batok, with a remaining lease of 58 years, stands at an estimated value of $357,414, translating to a price per square foot of $482. This valuation signals a premium in the current market, reflecting an above-market position with a notable 25.9% difference from the baseline valuation. Such an elevated figure suggests a strong demand for properties in this area, potentially driven by factors such as local amenities, transport connectivity, and the overall desirability of living in Bukit Batok.

However, it is essential to note that the model confidence for this valuation is classified as low, which indicates a degree of uncertainty in the data used for analysis. The valuation is based on merely six recent HDB resale transactions in the vicinity, suggesting a limited market sample that may not fully capture the dynamics at play. Buyers and investors should consider these factors carefully, especially given the remaining lease period of 58 years, which could impact long-term value retention and resale potential in an evolving real estate landscape.