3 Room (3A) HDB for Sale in 132 Cashew Road

The valuation of the HDB 3-room unit in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $373,270, translating to a price per square foot (PSF) of $475. This valuation is notably above the market baseline by 20.6%, indicating a robust demand and a competitive edge within the market. Such a significant premium suggests that this property is not only desirable but also reflects the underlying strength of the Bukit Batok locality, which has been characterized by its accessibility, community amenities, and overall livability.

The model confidence for this valuation is rated as high, based on a comprehensive analysis of 381 recent HDB resale transactions in the vicinity. This extensive data set reinforces the reliability of the valuation, highlighting the unit's appeal to potential buyers who are increasingly drawn to properties with a longer remaining lease. As the real estate landscape continues to evolve, the dynamics within the HDB market, particularly in areas such as Bukit Batok, underline the importance of strategic investment decisions, especially in light of the remaining lease tenure and market performance indicators.