4 Room (4A) HDB for Sale in 142 Petir Road

The valuation of the HDB 4-room property located in Bukit Batok reflects a robust market position, with an estimated value of $486,600, translating to a price per square foot (PSF) of $439. This assessment indicates a premium above the baseline market value by 13%, suggesting that the property commands a strong demand and interest within the current real estate landscape. The remaining lease of 60 years positions this property as a viable investment option, appealing to both families and investors who value long-term stability in their real estate endeavors.

Our analysis is grounded in comprehensive market data, drawing insights from 164 recent HDB resale transactions within the vicinity. This extensive dataset contributes to a model confidence rating of high, underscoring the reliability of the valuation amidst the competitive Bukit Batok market. The above-market signal is indicative of localized factors such as neighborhood desirability, infrastructure developments, and community amenities that enhance the intrinsic value of the property. As the HDB market continues to evolve, this valuation serves as a critical benchmark for prospective buyers and investors navigating the dynamic landscape of Singapore's real estate sector.