5-Room HDB for Room Rent: 804B Keat Hong Close

The HDB 5 Room property located in Bukit Batok, with a remaining lease of 88 years, presents a compelling valuation of approximately $96,971, translating to a price per square foot (PSF) of $808. This valuation reflects a market price that is aligned with the baseline, indicating stable demand and pricing dynamics in the region. The high model confidence rating suggests that this estimate is robust, backed by comprehensive data analysis of recent market activities.

Recent trends in HDB resale transactions in Bukit Batok, evidenced by 43 comparable sales, reinforce the strength of this valuation. The absence of price fluctuations, as indicated by the 0% difference from the baseline, signals a well-balanced market environment, characterized by steady buyer interest and limited supply fluctuations. This stability is particularly noteworthy given the property’s substantial remaining lease, which enhances its attractiveness to both owner-occupiers and investors seeking long-term value retention. Overall, this property exemplifies a sound investment opportunity within a thriving residential landscape.