5-Room HDB for Room Rent: 185 Jelebu Road

The recent valuation of a 5-room HDB flat in Bukit Batok, with a remaining lease of 74 years, stands at an estimated value of $88,974, translating to a price per square foot (PSF) of $593. This valuation reflects a significant equilibrium in the current market, showcasing a 0% difference from the baseline price, indicating stable demand and supply dynamics in the Bukit Batok area.

Our analysis, rooted in data from 31 recent HDB resale transactions in the vicinity, underscores a high model confidence level, reinforcing the reliability of this valuation. The sustained interest in HDB properties in Bukit Batok can be attributed to its strategic location, robust community amenities, and favorable transport links, making it an attractive choice for both first-time buyers and seasoned investors. As the remaining lease period is still substantial, it offers potential homeowners a considerable timeline for appreciation and stability, further enhancing its appeal in the current real estate environment.