Common Room (HDB) for Rent in 502 Jelapang Road

The valuation of the 4-room HDB property in Bukit Batok, with a remaining lease of 71 years, is estimated at $156,367, translating to a price per square foot (PSF) of $625. This assessment reflects a critical understanding of the local residential landscape, particularly as it shows a market price that is in alignment with the model baseline, indicating a 0% difference. Such stability in pricing suggests a robust demand for HDB units in this area, reinforcing the property’s intrinsic value.

With a high model confidence level, this valuation is backed by an extensive analysis of 500 recent HDB resale transactions within the vicinity. The data indicates a consistent performance in the Bukit Batok market, buoyed by its strategic location and amenities that cater to a diverse demographic. The remaining lease of 71 years further positions this property favorably in the eyes of potential buyers, as it still offers a substantial duration for homeownership, thus enhancing its marketability. As the demand for HDB flats continues to reflect resilience in the face of economic fluctuations, this property stands as an attractive opportunity for both homeowners and investors alike.