4 Room (4A) HDB for Rent in 116 Teck Whye Lane

The valuation of the HDB 4-room unit in Bukit Batok, with a remaining lease of 61 years, stands at an estimated value of $518,159, translating to a price per square foot (PSF) of $467. This valuation aligns closely with the market price, reflecting a neutral market signal with a 0% difference from the baseline. Such stability in pricing suggests a relatively balanced demand and supply dynamic in this segment of the Bukit Batok market, which is characterized by a mix of established residential properties and access to amenities.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only two recent HDB resale transactions in the vicinity serving as the basis for this estimate. This lack of comprehensive transactional data may indicate potential volatility in market sentiment and pricing trends. As the remaining lease of 61 years continues to diminish, prospective buyers should be mindful of how lease duration may impact future resale opportunities and overall property value in the evolving landscape of Singapore's HDB market.