Common Room (HDB) for Rent in 1 Teck Whye Avenue

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 57 years, stands at an estimated value of $125,479, translating to a price per square foot (PSF) of $627. This valuation reflects a stable market signal, indicating a 0% difference from the baseline, which suggests that the current market conditions are well-aligned with historical pricing trends in the area. Such a position indicates a balanced supply and demand dynamic, contributing to the high model confidence level assessed at High.

In examining the broader market, the valuation is supported by insights drawn from 193 recent HDB resale transactions within the vicinity. This substantial dataset underscores the reliability of the valuation, as it captures a diverse range of market activities, reflecting both buyer sentiment and pricing strategies. The enduring 57-year lease period positions this property favorably for both owner-occupiers and investors, as it offers a significant tenure for habitation or rental potential, further enhancing its appeal in the competitive Bukit Batok market.