5 Room (5I) HDB for Sale in 642 Bukit Batok Central

The valuation of the HDB 5 Room property in Bukit Batok, with a remaining lease of 62 years, stands at an estimated value of $584,166, translating to a price per square foot of $449. This valuation indicates a significant premium in the current market, being positioned 39.8% above the established baseline. Such a divergence from the normative pricing spectrum suggests a robust demand for HDB properties in this locale, reflective of Bukit Batok's evolving residential landscape and its appeal among prospective buyers.

Our analysis is grounded in a comprehensive review of 31 recent HDB resale transactions within the vicinity, reinforcing a high level of model confidence in this valuation. The sustained interest in HDB properties, particularly those with a longer remaining lease, signals a favorable market sentiment, driven by factors such as proximity to essential amenities and transport links. As the HDB market continues to adapt to changing demographics and buyer preferences, properties like this 5 Room unit exemplify the resilience and potential for appreciation in Singapore's real estate sector.