Common Room (HDB) for Rent in 236 Bukit Panjang Ring Road

The valuation of the HDB 2-room unit located in Bukit Panjang, with a remaining lease of 60 years, reflects a calculated estimated value of $93,210, equating to a price per square foot (PSF) of $621. This figure is particularly noteworthy as it signifies a market price that is in perfect alignment with the baseline assessment, indicating a 0% differential. Such stability in pricing is indicative of a balanced market environment, where supply and demand dynamics are harmonized, and buyer sentiment remains strong.

Our analysis is underpinned by a robust model confidence rating categorized as high, drawing from a comprehensive review of 42 recent HDB resale transactions within the vicinity. This breadth of data reinforces the reliability of the valuation, as it captures the prevailing market conditions and pricing trends specific to Bukit Panjang. Furthermore, the remaining lease period of 60 years is a critical factor in the valuation, as it reflects both the investment horizon for prospective buyers and the perceived longevity of the asset, which plays a vital role in determining its market attractiveness and future resale potential.