5 Room (5A) HDB for Rent in 387 Bukit Batok West Avenue 5

The valuation of the HDB 5 Room unit in Bukit Batok, with a remaining lease of 77 years, stands at an estimated value of $799,350, translating to a price per square foot (PSF) of $615. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable demand and supply dynamic within the Bukit Batok precinct. The flat's valuation is derived from an analysis of four recent resale transactions in the vicinity, which serves to reinforce the credibility of the estimated value despite the low model confidence.

In the current market landscape, the longevity of the remaining lease plays a pivotal role in attracting potential buyers, as properties with extended leases generally command better interest and can mitigate depreciation risks associated with shorter lease tenures. However, the low model confidence suggests a cautious outlook, as the recent transactions may not fully encapsulate the broader market sentiment or fluctuations. Stakeholders should remain vigilant, monitoring future market movements and buyer sentiment, which could influence the valuation trajectory of this property in the coming months.