5 Room (5I) HDB for Sale in 291D Bukit Batok Street 24

This valuation report focuses on a 5-room HDB unit located in Bukit Batok, which boasts a remaining lease of 69 years. The estimated market value stands at $672,290, translating to a price per square foot (PSF) of $516. Notably, this valuation is positioned 13% above the baseline market value, indicating a premium attributed to the property's location and inherent characteristics. Such a disparity suggests that the unit may possess desirable attributes or unique features that are appealing to potential buyers, despite the current market dynamics.

It is essential to consider that this valuation is based on a limited dataset, specifically one recent HDB resale transaction in the vicinity. This factor contributes to the low confidence level associated with this model, indicating that market fluctuations or the unique attributes of this property may not be fully captured in the analysis. As the remaining lease of 69 years still provides ample time for habitation, it is crucial for prospective buyers to evaluate their long-term plans and the potential for future appreciation in this vibrant area of Bukit Batok.