4 Room (4A) HDB for Sale in 140 Petir Road

In the current property landscape, the HDB 4 Room unit in Bukit Batok stands out with a valuation of $491,364, translating to a price per square foot (PSF) of $439. This valuation indicates a significant premium, with the property priced approximately 14% above the market baseline. Such a robust valuation suggests a strong demand for HDB units in this region, driven by both intrinsic property attributes and external market dynamics.

The remaining lease of 60 years is a critical factor influencing the valuation, as properties with longer leases typically command higher prices. Buyers in the current market are increasingly drawn to well-located HDBs that promise not only immediate housing needs but also potential for capital appreciation in the long term. The model confidence is rated high, bolstered by the analysis of 166 recent HDB resale transactions in the vicinity, reinforcing the notion that Bukit Batok remains a desirable location for homebuyers. As the market continues to evolve, this premium valuation may be indicative of a broader trend towards increasing property values in the area.