5 Room (5I) HDB for Rent in 179 Lompang Road

The valuation of the HDB 5-room unit in Bukit Batok, with a remaining lease of 61 years, is estimated at $572,952, translating to a price per square foot (PSF) of $441. This valuation is notably reflective of the current market dynamics, indicating a market price that shows a 0% difference from the baseline. Such stability in pricing suggests a balanced demand and supply scenario in the HDB resale market, particularly within this locality.

Our analysis, grounded in a robust dataset comprising 80 recent HDB resale transactions in the vicinity, reinforces our confidence in this valuation, which is categorized with high model confidence. The 61-year remaining lease plays a critical role in influencing buyer sentiment, as properties with longer leases are often perceived as offering greater long-term value. This is especially pertinent in Bukit Batok, a mature estate characterized by its accessibility and community amenities, thereby enhancing the appeal of this HDB unit to prospective buyers.