Maisonette HDB for Rent in 135 Cashew Road

This analytical summary presents a comprehensive valuation of a HDB Executive property located in Bukit Batok, with a remaining lease of 61 years. The estimated value stands at $704,611, equating to a price per square foot (PSF) of $470. This valuation reflects a stable market condition, as indicated by a market price observation showing a 0% difference from the baseline. Such stability suggests a balanced demand and supply dynamic in the Bukit Batok area, contributing to sustained property values.

The model confidence for this valuation is categorized as high, bolstered by an analysis of 89 recent HDB resale transactions in the vicinity. This robust dataset underpins the reliability of the valuation, demonstrating consistent buyer interest in HDB properties within this locale. The remaining lease of 61 years is a significant factor, as properties with longer leases typically command higher values due to the reduced risk of lease expiration concerns for potential buyers. Overall, the current market dynamics indicate a resilient HDB market in Bukit Batok, positioning this property as a sound investment opportunity.