3-Room HDB for Room Rent: 122 Pending Road

The valuation of the HDB 3 Room property in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $142,515, translating to $475 per square foot (PSF). This valuation reflects a highly stable market signal, with a 0% difference from the baseline, indicating that the current pricing aligns closely with recent trends in the local market. Such stability is indicative of a balanced demand and supply dynamic within the Bukit Batok region, making this property an attractive option for both homebuyers and investors alike.

The model confidence for this valuation is categorized as High, bolstered by an analysis of 376 recent HDB resale transactions in the vicinity. This extensive dataset not only supports the accuracy of the estimated value but also underscores the resilience of the HDB market in this area. With a remaining lease of 60 years, prospective buyers can engage with this property knowing that it offers a secure tenure while benefiting from the neighborhood's ongoing development and amenities. As market conditions remain favorable, this HDB unit presents a viable opportunity for investment and long-term living in Bukit Batok.