4-Room HDB for Room Rent: 115 Pending Road

The valuation of the HDB 4-room unit in Bukit Batok, with a remaining lease of 59 years, stands at an estimated value of $55,751, translating to $429 PSF. This valuation reflects a stable market position, as indicated by the market price showing a 0% difference from the baseline. This neutrality suggests that the property is accurately priced in line with current market conditions, indicating a balanced demand and supply scenario in the Bukit Batok region.

With the analysis based on 161 recent HDB resale transactions in the vicinity, we can assert a high level of model confidence in this valuation. The consistent pricing reflects the enduring appeal of HDB units in this area, supported by a robust community and well-established infrastructure. The remaining lease of 59 years, while slightly reduced compared to newer developments, still offers a substantial duration for potential homeowners or investors. This dynamic is critical in understanding the long-term value retention of such properties, especially in a market that remains resilient amidst fluctuating economic conditions.