4-Room HDB for Room Rent: 166B Teck Whye Crescent

HELIOS AI Analysis

<p>The valuation of the 4-room HDB property located in Bukit Batok, with a remaining lease of 88 years, stands at an estimated value of <strong>$116,856</strong>, equating to <strong>$649 PSF</strong>. This valuation reflects a nuanced understanding of the local market dynamics, particularly within the context of the Bukit Batok precinct, which has shown remarkable stability and resilience amid broader market fluctuations. The analysis is firmly grounded in empirical data, having been derived from <strong>500 recent HDB resale transactions</strong> within the vicinity, thus ensuring robust modeling accuracy and a high confidence level in the valuation outcome.</p> <p>Notably, the market signal indicates a balanced state of demand and supply, as evidenced by a <strong>0% difference from the baseline</strong> market price. This equilibrium suggests that the property is competitively priced, reflecting both the intrinsic value associated with a longer remaining lease and the prevailing market conditions that govern HDB transactions. The high confidence in this valuation underscores the strength of the Bukit Batok area as a desirable residential locale, characterized by its accessibility, amenities, and community ethos, all of which contribute to sustaining property values over the long term.</p>