3 Room (3NG) HDB for Sale in 148 Bukit Batok West Avenue 6

The valuation of the HDB 3-room unit in Bukit Batok, with a remaining lease of 56 years, stands at an estimated value of $331,102, translating to $452 per square foot. This valuation reflects a significant market signal, indicating an above-market pricing by 25.3% when compared to the baseline. Such a premium suggests a heightened demand for properties in the Bukit Batok area, which can be attributed to various factors including urban development, accessibility, and the overall desirability of the neighborhood.

However, it is essential to note the model confidence associated with this valuation is categorized as low. This is derived from an analysis of only 7 recent HDB resale transactions in the vicinity, which may not provide a comprehensive representation of the market dynamics at play. The reduced sample size could introduce volatility, impacting the reliability of the valuation. Therefore, potential buyers and investors should exercise caution and consider engaging in further due diligence, particularly in understanding the implications of the remaining lease period on future resale value and marketability.