4-Room HDB for Room Rent: 502 Jelapang Road

The valuation of the HDB 4-room unit in Bukit Batok, with a remaining lease of 70 years, has been meticulously assessed at an estimated value of $5,701, translating to a price per square foot (PSF) of $570. This valuation is not only reflective of the current market trends but also indicates a stable pricing environment, as evidenced by a market price that shows a 0% difference from the baseline. Such stability suggests a well-balanced demand and supply dynamic within the Bukit Batok area, reinforcing the attractiveness of this location for both homeowners and investors alike.

Our analysis is backed by a robust dataset, comprising 24 recent HDB resale transactions in the vicinity, which supports a high model confidence rating. The consistent performance of resale prices within this segment highlights the resilience of HDB properties in Bukit Batok, making it a desirable option for potential buyers looking to invest in a long-term asset. The remaining lease of 70 years provides a significant window for appreciation, especially in a market characterized by a growing population and increasing urbanization. As such, this property not only serves as a comfortable home but also presents a compelling investment opportunity in Singapore's dynamic real estate landscape.