5-Room HDB for Room Rent: 179 Lompang Road

The HDB 5-room property located in Bukit Batok, with a remaining lease of 72 years, presents a compelling valuation of $181,487, equating to a price per square foot (PSF) of $605. This valuation reflects a stable market position, with a market price that shows no deviation from the baseline, indicating a well-balanced equilibrium between supply and demand. Such stability is particularly noteworthy given the current economic climate and the ongoing fluctuations in the broader real estate market.

Our analysis is grounded in a robust data set comprising 43 recent HDB resale transactions in the vicinity, which provides a high level of model confidence in the estimated value. The strong market signal suggests that properties in Bukit Batok remain highly sought after, likely due to the area's strategic location, community amenities, and the overall desirability of HDB living. With the remaining lease of 72 years, buyers can anticipate a significant duration of ownership before leasehold considerations become a factor, further enhancing the attractiveness of this investment in the current market landscape.