3-Room HDB for Room Rent: 409 Bukit Batok West Avenue 4

The valuation of the HDB 3 Room unit in Bukit Batok reflects a nuanced understanding of the current property market dynamics, particularly in relation to the remaining lease of 58 years. With an estimated value of $57,152, translating to $440 per square foot, this property finds itself at a crucial juncture where market sentiment and lease longevity intersect. The assessment indicates a market price that is aligned with the baseline, suggesting stability amidst the evolving landscape of HDB transactions.

However, it is important to note the model confidence level classified as low, which underscores the inherent volatility in the current real estate climate. This valuation is predicated on a limited dataset of only four recent resale transactions in the vicinity. Such a narrow scope can lead to potential fluctuations in market perception and pricing dynamics, particularly given the unique attributes of HDB properties like lease tenure. As the remaining lease diminishes, potential buyers may exhibit hesitancy, which could impact future resale values.

• Property Type: HDB 3 Room
• Location: Bukit Batok
• Remaining Lease: 58 years
• Estimated Value: $57,152 ($440 PSF)
• Market Signal: 0% difference from baseline
• Model Confidence: Low
• Recent Transactions: Based on 4 transactions in vicinity