Common Room (HDB) for Rent in 266 Bukit Batok East Avenue 4

The HDB 2-room unit located in Bukit Batok, with a remaining lease of 58 years, has been appraised at an estimated value of $75,133, translating to a price per square foot (PSF) of $626. This valuation is notably positioned at the baseline market price, indicating a stable demand and supply equilibrium within this particular segment of the Bukit Batok residential market. The zero percent difference from the baseline suggests that the property is effectively aligned with prevailing market trends, reflecting a strong market signal for potential buyers and investors.

Our analysis, grounded in data from 196 recent HDB resale transactions in the vicinity, reveals a high model confidence level in this valuation. The robust transaction volume in the area underscores the ongoing interest in HDB properties, especially those with considerable remaining leases. As leasehold properties tend to appreciate differently based on their remaining lease duration, the 58-year lease on this unit positions it favorably for long-term ownership. This dynamic not only assures prospective buyers of a stable investment but also highlights the resilience of the Bukit Batok HDB market amidst broader economic fluctuations.