3 Room HDB for Rent in 8 Teck Whye Avenue

The valuation of the HDB 3-room unit in Bukit Batok, with a remaining lease of 52 years, stands at an estimated value of $468,835, translating to $419 per square foot (PSF). This valuation positions the property at a critical juncture within the local real estate market, reflecting a market price that is consistent with the baseline, indicating a 0% difference. Such stability in pricing amidst current economic conditions highlights the resilience of the HDB market in this area.

With a robust model confidence rating of High, this valuation is supported by a comprehensive analysis of 428 recent HDB resale transactions in the vicinity. This empirical data reinforces the notion that the Bukit Batok region remains a sought-after locale for HDB living, driven by factors such as accessibility, community amenities, and demographic trends. The remaining lease of 52 years, while a consideration for potential buyers, is counterbalanced by the enduring demand for HDB properties in Singapore, particularly in well-established neighborhoods. As such, this valuation not only reflects current market dynamics but also suggests a stable investment opportunity for discerning buyers in the Bukit Batok area.