Master Room (HDB) for Rent in 116 Pending Road

The valuation of the HDB 3-room unit in Bukit Batok, with a remaining lease of 59 years, is estimated at $367,217, reflecting a price per square foot (PSF) of $467. This valuation is indicative of a stable market condition, particularly as it demonstrates a 0% difference from the baseline market price, suggesting that the property is priced accurately in relation to current market trends. The high model confidence rating further reinforces the reliability of this assessment, providing potential buyers and investors with a strong basis for decision-making.

Analyzing the broader market dynamics, this valuation is derived from a comprehensive study of 387 recent HDB resale transactions within the vicinity, indicating a robust demand for HDB properties in Bukit Batok. The stability in pricing amidst fluctuating market conditions underlines the attractiveness of the area as a residential choice. With a remaining lease that still offers ample living time, this property not only caters to immediate housing needs but also presents a viable investment option, reflecting the enduring appeal of HDB living in Singapore's evolving real estate landscape.