3-Room HDB for Room Rent: 208 Bukit Batok Street 21

In the current landscape of Bukit Batok's real estate market, the valuation of this HDB 3-room unit stands at an estimated value of $81,264, translating to a price per square foot (PSF) of $451. With a remaining lease of 55 years, this property represents a significant opportunity for potential buyers seeking affordable housing options within a well-established residential precinct. However, the market signals indicate a 0% difference from the baseline, suggesting stagnation in pricing trends. This stability may be indicative of broader market conditions where demand and supply are currently balanced, resulting in minimal fluctuation in property values.

The valuation model confidence is categorized as low, which highlights the potential volatility and uncertainty surrounding future price movements in this segment of the market. This conclusion is drawn from a limited dataset comprising only two recent HDB resale transactions in the vicinity, which may not fully capture the dynamics of the local real estate landscape. Consequently, prospective investors and homeowners should approach this valuation with caution, considering both the longevity of the lease and the current market dynamics that may influence the HDB resale market in Bukit Batok.