4 Room (4A) HDB for Rent in 218 Petir Road

The valuation of the 4-room HDB unit in Bukit Batok, with a remaining lease of 59 years, stands at an estimated value of $479,839, translating to a price per square foot (PSF) of $429. This valuation is particularly noteworthy given its alignment with the market baseline, indicating a stable demand and supply equilibrium in the area. The market signal reflects a 0% difference from the baseline, suggesting that this property is accurately priced in relation to comparable recent transactions.

Our analysis is underpinned by a robust data set comprising 160 recent HDB resale transactions within the vicinity. This extensive database enables us to assert a high model confidence in the valuation, reinforcing the notion that potential buyers can expect a well-founded investment. As the remaining lease term of 59 years continues to be a critical factor influencing buyer sentiment, the property’s valuation is reflective of both current market dynamics and the long-term viability of HDB living in Bukit Batok. Investors should be cognizant of the implications of lease duration on property desirability, particularly as it relates to future resale opportunities and capital appreciation.