4-Room HDB for Room Rent: 801B Keat Hong Close

The valuation of the HDB 4-room property in Bukit Batok, with a remaining lease of 89 years, stands at an estimated value of $64,958, equating to a price per square foot (PSF) of $650. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable and well-balanced market condition. With a model confidence rating of high, this valuation is supported by a robust analysis of 500 recent HDB resale transactions in the vicinity, ensuring a solid foundation for potential buyers and investors alike.

In the context of the current real estate landscape, the Bukit Batok area remains a desirable location for families and individuals seeking quality living spaces. The longevity of the lease, coupled with the competitive PSF, underscores the property’s appeal in a market characterized by steady demand. Furthermore, the absence of variance from the baseline price suggests an equilibrium, where supply and demand dynamics are well-maintained. As such, this property not only represents a sound investment opportunity but also a testament to the ongoing resilience of the HDB market in Singapore.