Common Room (HDB) for Rent in 132 Cashew Road

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $38,776, translating to a price per square foot of $646. This valuation reflects a significant stability in the local market, as it registers a 0% difference from the baseline market price, indicating that the property is currently valued at par with prevailing market trends. Such equilibrium suggests a balanced demand and supply scenario in Bukit Batok, bolstered by a robust market confidence as evidenced by the high model confidence rating.

Recent data drawn from 194 HDB resale transactions within the vicinity underscores the reliability of this valuation. The consistent pricing points to a healthy demand for HDB units in Bukit Batok, a region known for its accessibility and community amenities. With a remaining lease of 60 years, this property sits at a critical juncture in leasehold dynamics, where prospective buyers are increasingly discerning about lease tenure, thus impacting purchase decisions. As the market continues to evolve, this valuation provides a compelling insight into the current state of HDB properties in this sought-after district.