4 Room (4A) HDB for Rent in 6 Teck Whye Avenue

The valuation of the HDB 4 Room unit in Bukit Batok, with a remaining lease of 57 years, stands at an estimated value of $484,734, translating to a price per square foot (PSF) of $417. This valuation reflects a stable market signal, indicating a 0% difference from the baseline, suggesting that the current price aligns closely with prevailing market trends. Such stability is indicative of a resilient demand for HDB properties in this locality, which has shown consistent performance over recent months.

The valuation is bolstered by a robust analytical base, drawing insights from 155 recent HDB resale transactions in the vicinity. This substantial dataset enhances model confidence, categorized as high, ensuring a reliable assessment of the property’s value. The enduring lease period of 57 years is a significant factor in the valuation process, as properties with longer remaining leases typically command higher prices due to the perceived longevity and investment security they offer to potential buyers. As the Bukit Batok area continues to evolve and develop, this HDB unit stands positioned favorably within a dynamic and competitive market landscape.