5 Room (5I) HDB for Sale in 176 Lompang Road

The valuation of the 5-room HDB property located in Bukit Batok, with a remaining lease of 69 years, stands at an estimated value of $813,140, translating to a price per square foot (PSF) of $625. This valuation is notably above the market average, reflecting a significant premium of 14.4% compared to the baseline. Such a deviation indicates robust demand dynamics in the Bukit Batok area, underpinned by positive market sentiment and a competitive resale environment.

Our analysis, grounded in data from 500 recent HDB resale transactions in the vicinity, reveals a strong model confidence rating. This indicates that the valuation is supported by comprehensive market trends and empirical evidence. The remaining lease of 69 years remains a crucial factor for potential buyers, as it provides a balance between longevity and accessibility in the HDB market. As urban development continues to thrive in Singapore, properties in established precincts like Bukit Batok are expected to maintain their desirability, further enhancing their valuation outlook.