5 Room (5I) HDB for Rent in 630 Senja Road

The valuation of the HDB 5-room unit in Bukit Batok, with a remaining lease of 75 years, stands at an estimated value of $792,677, translating to $669 per square foot (PSF). This pricing reflects a stable market position, as it shows a 0% difference from the baseline, indicating that the property is currently aligned with the prevailing market rates. The high model confidence rating suggests a robust analytical framework, bolstered by insights derived from 500 recent HDB resale transactions in the vicinity, which further reinforces the reliability of this valuation.

In the context of Singapore's dynamic real estate landscape, this valuation underscores several key market dynamics. The strong remaining lease of 75 years offers a significant advantage, as properties with longer leases tend to be more attractive to buyers, ensuring sustained demand. Additionally, Bukit Batok's appeal as a residential locale, characterized by its accessibility and community amenities, continues to bolster its property values. As we navigate through an evolving market, the stability reflected in this valuation serves as a bellwether for HDB properties within the region, indicating a balanced equilibrium between supply and demand.