4-Room HDB for Room Rent: 402 Fajar Road

The valuation of the HDB 4 Room unit in Bukit Batok, with a remaining lease of 61 years, stands at an estimated value of $58,218, which equates to a price per square foot (PSF) of $448. This valuation reflects a significant alignment with the current market dynamics, indicating a 0% difference from the baseline market price. The stability in pricing suggests that the property is well-positioned within its segment, appealing to prospective buyers who are seeking a balance of affordability and long-term investment potential in the HDB market.

With a high model confidence rating, this valuation is supported by a robust analysis of 131 recent HDB resale transactions in the vicinity, which provides a comprehensive overview of local market trends. The remaining lease of 61 years is particularly noteworthy, as it offers a substantial duration for occupancy and appreciation, which is critical for both first-time buyers and investors. As the Bukit Batok area continues to evolve with ongoing developments and amenities, the resilience of its HDB market is likely to attract sustained interest, thus reinforcing the attractiveness of this property as a viable investment opportunity.