5 Bed Bungalow (Landed) for Sale in Mera Gardens

The valuation of the HDB Executive property located in Bukit Batok, with a remaining lease of 71 years, stands at an estimated value of $4,626,211 or $622 PSF. This valuation positions the property above the market average, reflecting an 8.1% difference from the baseline. Such a premium valuation indicates strong demand for HDB properties in the Bukit Batok region, driven by a combination of favorable market conditions and the inherent desirability of the executive flat layout.

The model confidence in this valuation is classified as high, supported by a robust analysis of 31 recent HDB resale transactions in the vicinity. The high confidence level suggests that the data captured is reflective of current market trends, thereby reinforcing the perception of Bukit Batok as a sought-after location for HDB buyers. With a remaining lease of 71 years, the property benefits from a significant duration of leasehold tenure, which is an attractive feature for potential buyers concerned about long-term investment value.