Common Room (HDB) for Rent in 425 Fajar Road

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 61 years, stands at an estimated value of $98,774, translating to a price per square foot (PSF) of $658. This valuation remains aligned with the current market price, indicating a 0% difference from the baseline, which suggests that the property is fairly priced in the current market landscape. Such stability in pricing is indicative of a balanced supply and demand dynamic within the Bukit Batok area, which continues to attract a diverse demographic of buyers.

Our analysis, supported by data from 196 recent HDB resale transactions in the vicinity, reflects a high level of confidence in this valuation model. The sustained interest in this locality can be attributed to several factors including its strategic location, accessibility to amenities, and the robust infrastructure development within the region. As the remaining lease of the property stands at 61 years, potential buyers may view this as a valuable investment, especially in light of the long-term viability of HDB properties in Singapore's evolving real estate market.