3 Room HDB for Sale in 216 Bukit Batok Street 21

The valuation of the HDB 3 Room property located in Bukit Batok, with a remaining lease of 57 years, stands at an estimated value of $614,621, translating to a price per square foot (PSF) of $472. This valuation reflects a market price that is only 3.3% higher than the established baseline, indicating a stable yet competitive market environment. The relatively modest price differential suggests that buyers are currently willing to pay a premium for properties in this area, which is indicative of sustained demand driven by various socio-economic factors.

With a model confidence rating of high, this valuation is substantiated by an analysis of 329 recent HDB resale transactions in the vicinity. Such a robust dataset enhances the reliability of the valuation, aligning it with prevailing market trends. The property’s leasehold nature, with 57 years remaining, plays a critical role in its valuation, as it impacts long-term investment considerations. As the market continues to evolve, the demand for well-located HDB properties in Bukit Batok will likely remain resilient, supported by ongoing infrastructural developments and community amenities that enrich the living experience in this vibrant district.