Common Room (HDB) for Rent in 116 Bukit Batok West Avenue 6

This valuation report presents an in-depth analysis of a HDB 4-room property located in the established residential district of Bukit Batok, which boasts a remaining lease of 57 years. The estimated market value of this property stands at $79,073, translating to a price per square foot (PSF) of $527. This valuation is firmly anchored by robust market dynamics, as indicated by a 0% difference from the baseline market price, suggesting that the property is currently priced accurately in relation to comparable transactions in the vicinity.

Our confidence in this valuation is underscored by a thorough analysis of 500 recent HDB resale transactions in the Bukit Batok area, which further supports the valuation's validity. The strong demand for HDB properties in this region, particularly those with a reasonable remaining lease, highlights the resilience of the market. As potential buyers continue to seek affordable yet quality housing options, properties like this 4-room HDB are well-positioned to attract interest, contributing to the overall stability of the HDB market in Singapore.