3 Bed Terraced House (Landed) for Rent in Phoenix Heights

The valuation of the HDB 4-room unit in Bukit Batok, with a remaining lease of 53 years, stands at an estimated value of $1,167,042, translating to a price per square foot (PSF) of $467. This valuation reflects a market price that is in alignment with the baseline, indicating a 0% difference. Such stability in pricing suggests a robust demand for HDB properties in Bukit Batok, underscored by a high model confidence level based on a comprehensive analysis of 500 recent HDB resale transactions in the vicinity.

The remaining lease of 53 years is a crucial factor in this valuation, as it positions the property within a competitive price range for prospective buyers who are increasingly discerning about leasehold durations. The Bukit Batok area, known for its well-planned amenities and accessibility, continues to attract serious interest from both owner-occupiers and investors. As the local market remains resilient, this property exemplifies the dynamics of HDB pricing in the current landscape, where the interplay of lease duration and market demand plays a pivotal role in influencing property values.