Common Room (HDB) for Rent in 137 Petir Road

The valuation of the HDB 2 Room unit in Bukit Batok, with a remaining lease of 60 years, reflects a strategic positioning within a stable market environment. Estimated at $103,712, equating to $648 PSF, this property exhibits a market price that aligns precisely with the baseline, indicating a current equilibrium in buyer expectations and seller offerings. Such stability is pivotal in a market where fluctuations can significantly alter investment trajectories.

Analysis of the surrounding market dynamics is substantiated by the recent transactions of 198 HDB resale units in the vicinity, showcasing a robust interest in the area. The high model confidence further solidifies the credibility of this valuation, suggesting that prospective buyers can approach this opportunity with a degree of assurance regarding market sustainability. The remaining lease period of 60 years enhances the attractiveness of this asset, as it provides ample time for appreciation while aligning with the preferences of both first-time buyers and investors keen on long-term value retention.