3 Room (3A) HDB for Sale in 247 Bukit Batok East Avenue 5

The valuation of the HDB 3 Room unit in Bukit Batok, with a remaining lease of 57 years, stands at an estimated value of $352,093, translating to a price per square foot (PSF) of $449. This valuation reflects a market signal indicating that the property is priced above the current market baseline by 27.8%. Such a significant deviation suggests that the unit may be benefiting from specific localised demand factors or unique attributes that differentiate it from similar listings in the area.

However, it is essential to note that the model confidence for this valuation is classified as low, based on an analysis of only three recent HDB resale transactions in the vicinity. The limited data points may imply a volatile market condition or a lack of comparable sales, which can lead to potential inaccuracies in the valuation. As the remaining lease period continues to diminish, prospective buyers should exercise caution and consider the implications of lease length on long-term investment value and future resale potential.