4 Room (4A) HDB for Rent in 163 Gangsa Road

The subject property, a 4-room HDB unit in Bukit Batok with a remaining lease of 75 years, presents an estimated market value of $714,435, equating to a price per square foot (PSF) of $651. This valuation is derived from a robust analysis of 500 recent HDB resale transactions within the vicinity, affirming a high model confidence level in this assessment. The current market price reflects a precise 0% deviation from the baseline, indicating a strong equilibrium in the local real estate landscape.

In the context of Singapore's dynamic HDB market, the property’s remaining lease tenure plays a critical role in its valuation. A 75-year lease is generally considered favorable, providing ample time for potential appreciation while retaining the property's appeal for both owner-occupiers and investors alike. Furthermore, the stability of the market signals, paired with the high model confidence, suggests a resilient demand for HDB units in Bukit Batok, reinforcing the area’s attractiveness amidst ongoing urban developments and infrastructural improvements.