3-Room HDB for Room Rent: 123 Pending Road

The valuation of the HDB 3 Room unit in Bukit Batok, with a remaining lease of 59 years, stands at an estimated value of $70,073, translating to a price per square foot (PSF) of $467. This valuation reflects a keen alignment with the current market price, indicating a 0% difference from the baseline. Such stability in the pricing suggests a balanced market where supply and demand are in equilibrium, enhancing the attractiveness of this property for potential buyers.

Our analysis is underpinned by a robust dataset comprised of 384 recent HDB resale transactions within the vicinity, lending a high confidence level to our model. The 59-year remaining lease is a crucial factor in this valuation, as it offers prospective homeowners a significant tenure while still being conducive to investment opportunities. The Bukit Batok area continues to demonstrate resilience in the HDB market, bolstered by its strategic location and the availability of essential amenities, contributing to sustained demand.