5 Room (5I) HDB for Sale in 120 Pending Road

The valuation of the HDB 5-room unit in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $564,426, translating to a price per square foot (PSF) of $434. This figure represents a significant premium over the baseline market value, indicating an 18.4% above-market valuation. Such a robust pricing signal is a reflection of the strong demand dynamics within the Bukit Batok vicinity, particularly for larger HDB configurations that appeal to both families and investors alike.

This assessment is bolstered by high model confidence, derived from an extensive analysis of 80 recent HDB resale transactions in the area. The consistent demand for properties in Bukit Batok, coupled with the area’s established amenities and transport connectivity, contributes to a competitive marketplace. Given the remaining lease term, potential buyers should weigh the implications of the remaining lease on their investment horizon while considering the upward trajectory of HDB prices in this region. As the market continues to evolve, this property exemplifies the resilience and appeal of HDB living in Singapore, particularly in well-established neighborhoods.