4 Bed Terraced House (Landed) for Sale in Hazel Park Terrace

The recent valuation of a 4-room HDB unit in Bukit Batok, with a remaining lease of 71 years, has been pegged at an estimated value of $2,194,540, translating to $627 PSF. This valuation is notably above the market baseline, reflecting a significant 108.7% premium. Such a substantial deviation indicates strong demand and buyer confidence in the Bukit Batok area, which is likely fueled by its strategic location, accessibility, and the surrounding amenities that enhance the quality of living for residents.

Furthermore, the high model confidence of this valuation is bolstered by an extensive analysis of 500 recent HDB resale transactions within the vicinity. This comprehensive dataset not only underscores the robustness of the current market dynamics but also highlights the resilience of HDB properties in this region, despite fluctuations in the broader real estate market. As the lease tenure impacts the long-term investment potential, a remaining lease of 71 years positions this property favorably, making it an attractive option for both end-users and investors looking to capitalize on the upward trajectory of property values in Singapore.