4 Bed Terraced House (Landed) for Sale in Hazel Park Terrace

The HDB 4-room unit located in the well-regarded Bukit Batok area is currently valued at approximately $2,194,540, translating to a price per square foot (PSF) of $627. This valuation is particularly noteworthy, as it reflects an above-market position with a remarkable 108.7% difference from the baseline valuation. Such a premium suggests that the property is highly sought-after, likely driven by its favorable location, robust community amenities, and the enduring appeal of the Bukit Batok precinct.

With a remaining lease of 71 years, this property retains significant value, particularly as Singapore's market dynamics continue to evolve. The high model confidence, derived from an analysis of 500 recent HDB resale transactions in the vicinity, further reinforces this valuation. Potential buyers can perceive this as a strategic investment opportunity, given the strong demand for HDB units in the area. It is imperative to consider the implications of the remaining lease period in relation to future resale value, as well as the overall trends in the local real estate market that continue to favor established neighborhoods like Bukit Batok.