3 Room (3STD) HDB for Rent in 251 Bangkit Road

The valuation of the HDB 3 Room unit in Bukit Batok at an estimated value of $372,795, translating to a price per square foot (PSF) of $475, reflects a stable market condition with a market price deviation of 0%. This signifies that the property is currently priced at the baseline level, indicating a balance between supply and demand in this segment of the HDB market. The remaining lease of 60 years is an important factor in this valuation, as it contributes to the long-term sustainability and potential appreciation of the asset, making it appealing to both owner-occupiers and investors alike.

With a high model confidence level, derived from an extensive analysis of 381 recent resale transactions in the vicinity, the valuation underscores the resilience of the Bukit Batok property market. The consistent demand in this area is likely fueled by its strategic location, well-established amenities, and connectivity options, which continue to attract prospective buyers. As the market dynamics evolve, this HDB unit stands as a solid investment opportunity, particularly for those looking to enter the Singapore real estate landscape with a manageable lease period and competitive pricing.