3-Room HDB for Room Rent: 340 Bukit Batok Street 34

This detailed valuation report focuses on a 3-room HDB unit located in the vibrant residential enclave of Bukit Batok, which boasts a remaining lease of 58 years. The estimated value of this property stands at $71,080, translating to an impressive rate of $474 per square foot (PSF). Such a valuation reflects the current market equilibrium, with a market price indicating a 0% difference from the baseline. This stability suggests a well-balanced demand and supply scenario in the Bukit Batok vicinity, providing a robust indicator for potential investors and homeowners alike.

Our analysis is underpinned by a comprehensive review of 428 recent HDB resale transactions in the area, contributing to a model confidence rated as high. This substantial dataset not only reinforces the credibility of the valuation but also reflects the consistent appeal of HDB properties in Bukit Batok. With its strategic location and established amenities, this 3-room unit represents a viable investment opportunity, particularly for those keen on capitalizing on the long lease duration and the area's ongoing development prospects.