3 Room (3S) HDB for Rent in 231 Pending Road

This analytical summary presents the valuation for a 3-room HDB unit located in Bukit Batok, characterized by a remaining lease of 60 years. The estimated value of the property is pegged at $343,933, translating to a price per square foot (PSF) of $499. The valuation reflects the current market price, indicating a 0% difference from the baseline, which suggests a balanced market condition for HDB properties in this locality.

It is crucial to note that the model confidence for this valuation is classified as low, primarily due to the limited data set, which is based on just two recent HDB resale transactions in the vicinity. This scarcity of comparable transactions can result in fluctuations in perceived value, particularly given the property’s remaining lease of 60 years—a significant consideration for potential buyers. As the market evolves, factors such as demand for affordable housing, proximity to amenities, and overall economic conditions will continue to influence the performance of HDB properties in Bukit Batok.