4 Room (4A) HDB for Sale in 210 Bukit Batok Street 21

In the analysis of the HDB 4 Room property located in Bukit Batok, we observe a current estimated value of $491,378, translating to $430 PSF. This valuation is notably positioned 28.2% above the baseline market value, indicating a strong demand for properties in this district despite the remaining lease of 57 years. Such a premium suggests that buyers are willing to invest significantly above the market average, potentially driven by factors such as location desirability, proximity to amenities, and the overall growth trajectory of the Bukit Batok area.

However, it is crucial to note that the model confidence for this valuation is classified as low, based on only three recent HDB resale transactions in the vicinity. This limited data set may not fully capture the broader market dynamics affecting property values, thus warranting caution for potential investors. As the remaining lease diminishes, the property may face increased scrutiny from buyers, who typically factor in the lease duration significantly in their purchasing decisions. Observing future market trends and further transactions will be essential for a more accurate appraisal of this HDB unit.