5 Room (5I) HDB for Sale in 293A Bukit Batok Street 21

The HDB 5-room property located in Bukit Batok, with a remaining lease of 90 years, has been appraised at an estimated value of $827,594, translating to a price per square foot (PSF) of $681. This valuation is notably positioned above the current market baseline, exhibiting a striking 20.6% premium. Such a significant deviation from the baseline suggests robust demand dynamics within the Bukit Batok locale, where the property is situated amidst a conducive environment for family living, characterized by access to essential amenities and green spaces.

The model confidence for this valuation is classified as high, underpinned by a comprehensive analysis of 500 recent HDB resale transactions in the vicinity. This extensive dataset reinforces the credibility of the market signals observed, indicating a strong investor sentiment and a willingness to pay a premium for properties that offer both longevity in lease and strategic location advantages. The remaining lease of 90 years further enhances the attractiveness of this HDB unit, as it aligns well with buyer preferences for long-term investment security, particularly in a market where lease duration is a critical factor influencing property value.