4 Room (4A) HDB for Sale in 402 Fajar Road

The valuation of the HDB 4-room unit in Bukit Batok, with a remaining lease of 61 years, is estimated at $497,721, translating to a price per square foot (PSF) of $445. This valuation positions the property significantly above the market baseline, reflecting a notable 20.5% premium. Such a deviation indicates robust demand dynamics in the Bukit Batok area, suggesting that buyers are willing to invest more for properties that offer desirable features, amenities, and community attributes.

The high model confidence rating is supported by an analysis of 128 recent HDB resale transactions in the vicinity, which provides a solid empirical foundation for this valuation. The data indicates a strong market trend, with buyers increasingly favoring properties with extended leases, as they represent long-term living solutions. The remaining lease of 61 years further enhances the property's appeal, as it balances affordability with the longevity of ownership that potential buyers are increasingly seeking in the current economic landscape.