4-Room HDB for Room Rent: 239 Bukit Batok East Avenue 5

The HDB 4-room property located in Bukit Batok, with a remaining lease of 58 years, has been appraised at an estimated value of $86,689, translating to a competitive $433 PSF. This valuation is noteworthy as it indicates a market price that aligns closely with the baseline, reflecting a 0% difference. Such stability in pricing suggests a robust demand for HDB properties in this region, underscored by the current market dynamics that favor long-term investment in public housing.

The model confidence for this valuation is rated as high, bolstered by an analysis of 162 recent HDB resale transactions in the vicinity. This extensive dataset not only enhances the reliability of the valuation but also underscores the resilience of the Bukit Batok property market. As the remaining lease of 58 years is considered a critical factor in property valuation, it is essential to recognize that this period still offers significant tenure for prospective homeowners, thereby contributing to the sustained interest and stability in this segment of the market.