4 Room (4S) HDB for Sale in 403 Fajar Road

This valuation report presents a detailed analysis of a 4-room HDB unit located in the vibrant neighbourhood of Bukit Batok, which boasts a remaining lease of 61 years. The estimated value of the property is set at $404,992, translating to a price per square foot (PSF) of $448. This valuation is significant, as it reflects an 18.5% premium above the baseline market value, indicating a strong demand for HDB properties in this area.

The high model confidence, derived from a comprehensive assessment of 132 recent HDB resale transactions within the vicinity, underscores the reliability of this valuation. The robust demand can be attributed to several factors, including Bukit Batok's strategic location, accessibility to key amenities, and a well-established community infrastructure. As the remaining lease of 61 years continues to attract buyers, this property exemplifies the dynamic market conditions and the potential for capital appreciation in the HDB sector.