3-Room HDB for Room Rent: 152 Bukit Batok Street 11

The valuation of this HDB 3-room unit in Bukit Batok, with a remaining lease of 58 years, stands at an estimated value of $93,684, translating to an effective price per square foot (PSF) of $468. This valuation reflects a market price that is precisely aligned with the baseline, indicating a stable market condition in the vicinity. Such equilibrium suggests that the property is positioned competitively within the current market, appealing to prospective buyers seeking a well-valued investment in an established residential area.

Our analysis is grounded in robust data, having considered 384 recent HDB resale transactions in the Bukit Batok region. The model confidence for this valuation is rated as high, reinforcing the reliability of these insights. The remaining lease period of 58 years is critical, as it provides potential buyers with a substantial timeframe to enjoy the property while also considering its long-term appreciation prospects. In the current market dynamics, this HDB unit offers a unique opportunity for both first-time homebuyers and seasoned investors looking to capitalize on the stability of the Bukit Batok locale.