3 Room (3NG) HDB for Sale in 26 Teck Whye Lane

The valuation of the HDB 3-room unit in Bukit Batok, with a remaining lease of 51 years, has been estimated at $325,937, translating to a price per square foot (PSF) of $409. This valuation indicates a market signal that is significantly above the baseline, reflecting a notable 16.6% premium compared to comparable properties in the area. Such a deviation from the baseline suggests strong demand and a competitive edge for this specific unit, likely driven by the desirable location and potential amenities surrounding Bukit Batok.

The model confidence for this valuation is classified as high, underscored by the analysis of 423 recent HDB resale transactions in the vicinity. This robust dataset reinforces the credibility of the market dynamics at play, indicating that buyers are willing to pay a premium for properties with favorable lease terms and strategic locations. As the remaining lease period is an essential factor influencing HDB values, this unit's 51 years of remaining lease could present an attractive opportunity for potential homeowners or investors looking for a resilient asset in a thriving neighborhood.