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

The valuation of the HDB 3-room unit in Bukit Batok, with a remaining lease of 57 years, stands at an estimated value of $335,767, translating to $466 per square foot. This valuation is notably positioned above the market average, reflecting a substantial 27.5% differential from the baseline. Such a premium pricing suggests a robust demand for HDB properties in this locale, indicating a healthy market dynamic that may be influenced by various factors including recent urban developments, infrastructural improvements, and the overall appeal of Bukit Batok as a desirable residential area.

The model confidence for this valuation is marked as high, derived from a comprehensive analysis of 428 recent HDB resale transactions within the vicinity. This substantial data set provides a reliable benchmark, reinforcing the valuation's credibility. As the remaining lease on this property extends to 57 years, it is essential for potential buyers to consider both the longevity of their investment and the implications of lease decay in the long term. Overall, this HDB unit not only represents a competitive entry point into the Bukit Batok market but also signals a favorable investment opportunity for discerning buyers looking to capitalize on the area’s projected growth trajectory.