4 Room (4A) HDB for Sale in 167 Petir Road

The HDB 4-room unit located in Bukit Batok, with a remaining lease of 70 years, has been appraised at an estimated value of $613,904, equating to a price per square foot (PSF) of $571. This valuation stands significantly above the current market baseline, reflecting a notable premium of 17.3%. Such a divergence from the baseline indicates a strong demand for properties in this region, driven by various factors including the area's accessibility, amenities, and community development.

Our analysis is backed by a robust dataset, incorporating 32 recent HDB resale transactions in the vicinity, which affirms a high level of confidence in this valuation model. The enduring appeal of Bukit Batok, characterized by its strategic location and infrastructure development, contributes to the perceived value of this property. With a remaining lease of 70 years, potential buyers are likely to view this as a secure long-term investment, further influencing market dynamics in favor of such listings.