3-Room HDB for Room Rent: 235 Bukit Batok East Avenue 5

The current valuation for the 3-room HDB unit located in Bukit Batok stands at an estimated value of $66,341, translating to a price per square foot (PSF) of $474. This valuation is indicative of a stable market condition, as it reflects a baseline market price with a 0% deviation. Such stability in pricing signals a balanced demand and supply dynamic, which is particularly relevant given the ongoing trends in the HDB resale market.

With a remaining lease of 58 years, this property presents a unique proposition for potential buyers who are increasingly mindful of lease tenure as a critical factor influencing value appreciation. The model confidence in this valuation is classified as high, supported by an extensive dataset comprising 428 recent HDB resale transactions in the vicinity. This robust analytical foundation not only reinforces the credibility of the estimated value but also highlights the sustained interest in Bukit Batok as a residential choice, further cementing its position within the competitive landscape of Singapore’s real estate market.