3 Room (3NG) HDB for Sale in 217 Bukit Batok Street 21

The valuation of the 3-room HDB unit in Bukit Batok, with a remaining lease of 57 years, is estimated at $335,767, translating to a price per square foot (PSF) of $466. This valuation situates the property significantly above the market baseline, reflecting a notable 27.5% premium over comparable listings in the area. Such a substantial divergence from the baseline suggests robust demand for HDB properties within this precinct, driven by both intrinsic location advantages and the evolving demographics of the Bukit Batok constituency.

Our analysis, grounded in the review of 428 recent HDB resale transactions in the vicinity, indicates a high confidence level in the model employed. The enduring appeal of Bukit Batok, characterized by its accessibility to public transport, proximity to amenities, and a well-established community, plays a critical role in sustaining property values despite the diminishing lease period. As potential buyers continue to gravitate towards established neighborhoods with long-term growth prospects, this HDB unit stands as a compelling investment opportunity within Singapore’s dynamic real estate landscape.