Common Room (HDB) for Rent in 123 Pending Road

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 59 years, is estimated at $95,536, translating to a price per square foot (PSF) of $637. This valuation reflects a market equilibrium, showing a 0% deviation from the baseline, indicating that the property is priced in line with current market trends. The analysis is underpinned by a robust data set comprising 196 recent HDB resale transactions within the vicinity, which provides a strong foundation for this valuation.

In the context of the Singapore real estate landscape, this valuation suggests that the Bukit Batok area maintains a stable demand for HDB properties, particularly for units with a significant remaining lease. The high model confidence rating further reinforces the reliability of this assessment, suggesting that prospective buyers can anticipate a sound investment. As the market continues to evolve, the interplay between remaining lease duration and buyer sentiment will play a crucial role in shaping future valuations in this sector.