3 Room (3NG) HDB for Rent in 219 Petir Road

The valuation of the HDB 3-room unit located in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $358,043, translating to a price per square foot of $483. This valuation reflects a market signal indicating a 0% deviation from the baseline, suggesting that the current pricing aligns closely with the prevailing trends in the local real estate market.

Despite the apparent stability in pricing, the model confidence is categorized as low, indicating potential volatility and uncertainty in the underlying data. This valuation is derived from the analysis of three recent HDB resale transactions within the vicinity, which highlights a cautious yet insightful approach to understanding the dynamics at play in the Bukit Batok area. With the remaining lease being a critical factor for potential buyers, it is essential to consider the implications of the diminishing lease term on property value and marketability in the years to come.