3 Room (3NG) HDB for Rent in 162 Bukit Batok Street 11

The valuation of the HDB 3-room unit in Bukit Batok, with a remaining lease of 57 years, stands at an estimated value of $355,931, translating to $447 PSF. This valuation is particularly noteworthy as it aligns closely with the current market price, exhibiting a 0% difference from baseline. Such a stable valuation suggests a balanced market sentiment, reflecting sustained demand in the Bukit Batok area.

However, it is important to acknowledge the low model confidence associated with this valuation, which stems from a limited dataset of only five recent HDB resale transactions in the vicinity. This low confidence level indicates potential volatility, as fluctuations in market dynamics or shifts in buyer preferences could significantly impact future valuations. The remaining lease of 57 years also plays a crucial role, as properties with shorter leases tend to experience increased sensitivity to market changes. Therefore, while the current valuation may appear stable, prospective buyers should consider the broader economic landscape and the implications of lease duration on long-term investment value.