Common Room (HDB) for Rent in 172 Gangsa Road

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 61 years, stands at an estimated value of $56,918, translating to a price per square foot (PSF) of $662. This valuation reflects a stable market environment, as evidenced by its alignment with the baseline market price, indicating a 0% difference. Such stability in pricing is a positive signal for both current and prospective homeowners, showcasing the resilience of the Bukit Batok area amidst the evolving real estate landscape of Singapore.

Our analysis is further corroborated by a robust dataset comprising 190 recent HDB resale transactions in the vicinity, which lends a high level of confidence to this valuation model. As the market demonstrates consistent demand for HDB properties, particularly in well-established neighborhoods like Bukit Batok, the strong performance of this unit can be attributed to several key factors. These include its favorable location, the enduring appeal of HDB living, and the remaining lease period, which provides potential buyers with a significant amount of time for investment appreciation. In summary, this valuation encapsulates the current market dynamics and reflects the continued desirability of HDB flats in Singapore's real estate sector.