4-Room HDB for Room Rent: 290A Bukit Batok Street 24

The valuation of the HDB 4-room unit in Bukit Batok, with a remaining lease of 69 years, presents a nuanced perspective within the current real estate landscape. Estimated at $53,345 or $533 PSF, the property reflects a market price that aligns perfectly with the baseline, indicating a 0% difference. This stability suggests a balanced demand and supply scenario, which is critical in understanding the local market dynamics.

However, the model confidence level is rated as low, primarily due to the reliance on just one recent HDB resale transaction within the vicinity. This limited data set may not fully capture the broader market trends or potential fluctuations in buyer sentiment. As such, while the property exhibits a stable valuation, potential investors should remain vigilant regarding external factors that could impact future pricing, particularly as the remaining lease diminishes over time. The longevity of the lease may offer a slight buffer against depreciation, but it also necessitates a careful assessment of the evolving market conditions in Bukit Batok.