Common Room (HDB) for Rent in 104 Bukit Batok Central

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 75 years, stands at an estimated value of $99,782, translating to a price per square foot (PSF) of $832. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand and supply equilibrium in the Bukit Batok area. The model confidence for this valuation is classified as high, derived from a robust dataset comprising 193 recent HDB resale transactions in the vicinity, which enhances the reliability of the analysis.

With a remaining lease of 75 years, this property positions itself as a competitive asset within the market, appealing to a diverse range of buyers, including young families and first-time homeowners. The stability in pricing, evidenced by the 0% difference from the baseline, suggests that the Bukit Batok region is maintaining its attractiveness amidst broader market fluctuations. This dynamic underscores the importance of the remaining lease period in influencing buyer sentiment and market activity, reinforcing the notion that properties with substantial remaining leases are perceived as valuable long-term investments.