3 Room (3S) HDB for Sale in 501 Bukit Batok Street 52

The valuation of the HDB 3-room property in Bukit Batok, currently estimated at $330,560 or $480 PSF, presents a compelling case for potential investors and homeowners alike, particularly given its remaining lease of 59 years. This remaining lease period indicates a moderate to long-term investment horizon, which is appealing in the context of Singapore's dynamic housing market. However, this valuation is notably positioned above the market average, reflecting a 20.4% difference from baseline values, suggesting an aggressive pricing strategy in light of current demand dynamics.

Despite the attractive valuation, it is essential to note that the model confidence is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity informing this estimate. Such a low confidence level underscores the potential volatility in pricing, which could be influenced by broader market fluctuations or shifts in buyer sentiment. As such, stakeholders should remain vigilant to ongoing developments in the Bukit Batok area, as well as the overall economic landscape, to better gauge the sustainability of this premium valuation in the coming quarters.