3 Room (3A) HDB for Rent in 316 Bukit Batok Street 32

The valuation of the 3-room HDB unit in Bukit Batok, with a remaining lease of 75 years, stands at an estimated value of $439,965, translating to a price per square foot (PSF) of $602. This valuation is particularly noteworthy given that it reflects a market price with a 0% difference from the baseline, indicating a stable market condition for properties in this region. Such stability suggests a balanced demand and supply dynamic, with buyers and sellers operating within a well-defined price range.

However, the low model confidence associated with this valuation warrants a cautious approach. The analytical framework is based on only three recent HDB resale transactions in the vicinity, which may not adequately represent the broader market trends or variations in buyer sentiment. As the remaining lease period is a critical factor in HDB valuations, potential buyers should consider the implications of the 75-year lease on long-term investment value and resale potential. The current market signals suggest a close examination of ongoing economic factors and demographic shifts in Bukit Batok, which could influence future property values.