3 Room (3A) HDB for Rent in 137 Petir Road

The valuation of the HDB 3 Room unit in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $372,795, translating to a price per square foot of $475. This valuation reflects a stable market price, indicating a 0% difference from the baseline, which suggests that the property is positioned at the market equilibrium. Such stability is a positive indicator for potential buyers and investors, as it implies a balanced demand and supply scenario within this residential enclave.

Our analysis is grounded in the examination of 381 recent HDB resale transactions in the vicinity, which provides a robust data set for assessing market trends. The high model confidence associated with this valuation underscores the reliability of the data and the consistency of market conditions in Bukit Batok. The longevity of the remaining lease further adds to the appeal of this property, as buyers generally favor HDB units with substantial lease tenure. As Singapore's real estate landscape continues to evolve, this property exemplifies a sound investment opportunity within a well-established community.