Common Room (HDB) for Rent in 170 Gangsa Road

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 69 years, stands at an estimated value of $89,245, translating to a price per square foot (PSF) of $744. This valuation aligns precisely with the market price, indicating a notable stability in the local property landscape. The absence of variance from the baseline suggests that demand and supply dynamics in the Bukit Batok region remain balanced, reflecting a mature market environment where buyers and sellers are well-aligned in their expectations.

The model confidence level is high, supported by an extensive analysis of 398 recent HDB resale transactions in the vicinity. This substantial dataset not only enhances the credibility of the valuation but also underscores the resilience of the HDB market in Bukit Batok. As the remaining lease period of 69 years is considered relatively favorable, it positions this property as an attractive option for both first-time buyers and investors looking to capitalize on the area’s growth potential. The current market dynamics indicate a robust interest in HDB properties, suggesting that the Bukit Batok area continues to be a sought-after locale within the Singapore residential landscape.