4-Room HDB for Room Rent: 116 Pending Road

The valuation of the HDB 4-room unit in Bukit Batok, with a remaining lease of 59 years, stands at an estimated value of $49,710, translating to a price per square foot (PSF) of $452. This figure reflects a market equilibrium, showcasing a 0% difference from the baseline price. Such stability in valuation is indicative of a balanced supply and demand scenario in the Bukit Batok region, where the HDB market continues to exhibit resilience despite varying economic conditions.

However, it is important to note that the model confidence for this valuation is categorized as low, which suggests a degree of uncertainty based on the limited dataset available. The analysis is derived from merely two recent HDB resale transactions in the vicinity, which may not sufficiently capture the broader market dynamics. As the lease term diminishes, potential buyers will need to consider the implications of the remaining lease on their investment horizon, particularly in light of Singapore's evolving real estate landscape.