3-Room HDB for Room Rent: 115 Pending Road

The HDB 3-room unit located in Bukit Batok, with a remaining lease of 59 years, presents a valuation of $46,720, equating to an estimated price per square foot (PSF) of $467. This valuation reflects a stable market condition, indicated by a market price that shows no deviation from the baseline, representing a 0% difference. Such stability in pricing suggests a balanced demand and supply dynamic within the Bukit Batok vicinity, which is corroborated by a robust dataset of 387 recent HDB resale transactions.

With a model confidence rating classified as high, this valuation is underpinned by empirical data that highlights consistent buyer interest in the area. The remaining lease of 59 years is a critical factor for potential homeowners and investors alike, as it offers a substantial timeframe for occupancy while also being mindful of leasehold considerations in the future. As market conditions continue to evolve, this property serves as a pertinent case study in understanding the interplay of lease duration and market trends within Singapore's vibrant HDB landscape.