4-Room HDB for Room Rent: 536 Jelapang Road

The valuation of the HDB 4-room property in Bukit Batok, with a remaining lease of 70 years, stands at an estimated value of $101,020, translating to a price per square foot (PSF) of $505. This valuation reflects a market price that is in equilibrium, showing a 0% difference from the baseline, indicating that the property is currently priced at market expectations based on recent local transactions. The stability in pricing can be attributed to the area's consistent demand and the typical buyer sentiment towards properties with a substantial remaining lease.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset upon which it is based—only two recent HDB resale transactions in the vicinity were analyzed. This scarcity of comparable sales may suggest potential volatility in the market and could impact future resale prospects. Investors and homeowners alike should consider these dynamics alongside the long-term lease remaining, as they play a pivotal role in shaping the investment viability and appreciation potential of this property in Bukit Batok.