3 Room (3A) HDB for Rent in 230 Bukit Batok East Avenue 3

This report presents a comprehensive valuation analysis of a 3-room HDB unit located in the established neighborhood of Bukit Batok, which has a remaining lease of 57 years. The estimated value of the property stands at $331,488, translating to a price per square foot (PSF) of $460. Notably, the market price reflects a 0% difference from the baseline, indicating a stable pricing environment for similar units in the vicinity.

Despite the current valuation aligning closely with the market price, it is essential to note that the model confidence level is categorized as low. This classification suggests that while the recent data from three comparable HDB resale transactions supports the valuation, market dynamics and external factors could influence future price movements. The relatively short remaining lease of 57 years may also play a role in buyer sentiment, impacting overall demand and pricing in the long term. Investors and homeowners should consider these factors as they navigate the Bukit Batok property landscape.