5 Room (5I) HDB for Sale in 140 Petir Road

The valuation of the HDB 5-room unit in Bukit Batok reflects a robust market positioning, with an estimated value of $569,059, translating to $433 PSF. This valuation is notably above the market baseline by 23%, indicating a strong demand for properties in this locality, which can be attributed to several key factors influencing buyer sentiment and market dynamics.

With a remaining lease of 60 years, this property retains significant value potential, as HDB flats with longer leases are often sought after for their longevity and investment viability. The model confidence in this valuation is categorized as high, supported by an extensive analysis of 80 recent HDB resale transactions in the vicinity. These transactions provide a comprehensive view of the local market, highlighting a trend where properties are increasingly valued above their baseline due to rising demand and limited supply in this established residential area.