4 Room (4A) HDB for Sale in 511 Jelapang Road

The valuation of the HDB 4 Room in Bukit Batok, with a remaining lease of 69 years, stands at an estimated value of $604,748, translating to a price per square foot (PSF) of $562. This valuation positions the property favorably within the current market dynamics, as it represents a compelling opportunity for potential buyers, evidenced by a significant market signal indicating a good deal with a 14.8% difference from the baseline valuation.

The model confidence for this valuation is rated high, anchored by an analysis of 30 recent HDB resale transactions in the vicinity, which provides a robust data set for comparative analysis. As leasehold properties in Singapore typically see fluctuations based on remaining lease duration, the 69-year lease of this Bukit Batok unit offers prospective buyers an advantageous position, balancing affordability with potential for appreciation in a well-established neighborhood. The strong demand for HDB properties in this region, coupled with the attractive pricing, underscores the continued resilience of the local real estate market.