3 Room (3A) HDB for Rent in 205 Petir Road

The HDB 3-room property located in Bukit Batok is currently valued at approximately $411,091, translating to a price per square foot (PSF) of $516. With a remaining lease of 60 years, this valuation reflects the current market dynamics, showing no deviation from the baseline price. This stability suggests a balanced demand and supply scenario for HDB properties in this area, indicating that buyers are willing to pay the established market rate without significant premiums or discounts.

However, it is important to note that the model confidence for this valuation is categorized as low. This indicates potential volatility in the market, which could be attributed to various factors such as the limited number of comparable transactions—only two recent HDB resale transactions in the vicinity were analyzed. Investors and homeowners should consider these dynamics, particularly the implications of the remaining lease period on future resale value and marketability, as they navigate their decision-making processes in this sector.