5 Room (5I) HDB for Rent in 461D Bukit Batok West Avenue 8

The valuation of the HDB 5-room property in Bukit Batok, with a remaining lease of 92 years, stands at an estimated value of $837,065, translating to a price per square foot (PSF) of $682. This valuation reflects a market signal of 0% difference from the baseline, indicating that the property is currently positioned at a stable price point relative to recent trends in the local market. The low model confidence level suggests potential variability in this valuation, necessitating a cautious approach for prospective buyers and investors.

Recent resale transactions in the vicinity have provided a limited dataset, with only three comparable sales influencing this valuation. This scarcity of data combined with the established lease period underscores the importance of considering both the longevity of the property’s lease and prevailing market conditions when making informed decisions. The 92-year remaining lease is a significant factor that may appeal to long-term residents or investors looking for stability in their property portfolio, particularly in a well-connected and sought-after area like Bukit Batok.