4-Room HDB for Room Rent: 182 Bukit Batok West Avenue 8

The valuation of the 4-room HDB property in Bukit Batok, with a remaining lease of 57 years, stands at an estimated value of $60,427, translating to a price per square foot (PSF) of $512. This valuation reflects a stable market signal, indicating a 0% difference from the baseline price. Such stability is indicative of a balanced demand and supply dynamic within the Bukit Batok area, supported by a robust pool of recent transactions.

Our analysis is fortified by data derived from 500 recent HDB resale transactions in the vicinity, which lends a high level of confidence to the model. The remaining lease of 57 years plays a crucial role in the property’s valuation, as properties with longer leases generally command higher interest and can mitigate the risks associated with depreciation over time. Additionally, the consistency in market pricing suggests that buyers are currently willing to transact within established price ranges, reflecting a resilient sentiment in the HDB market despite broader economic fluctuations.