5 Room (5A) HDB for Sale in 203 Bukit Batok Street 21

In the current real estate landscape of Singapore, the valuation of this HDB 5-room unit in Bukit Batok, with a remaining lease of 58 years, stands at an estimated value of $766,398, translating to a price per square foot (PSF) of $478. This valuation is underpinned by a comprehensive analysis of three recent HDB resale transactions within the vicinity, which provide a foundational benchmark for market activity. The current market signal indicates a minimal deviation of 0.2% from the baseline, suggesting a stable price environment that reflects cautious optimism among buyers and sellers alike.

However, it is imperative to consider the model confidence associated with this valuation, which is categorized as low. This indicates variability in market conditions or data input, potentially stemming from fluctuations in buyer sentiment or macroeconomic factors influencing the housing sector. The remaining lease period of this property, while still substantial, may also be a consideration for prospective buyers, as HDB properties with shorter leases can experience diminished interest and value retention over time. In summary, while the Bukit Batok HDB unit demonstrates a competitive pricing position, stakeholders should exercise due diligence given the current market dynamics and the implications of the remaining lease on long-term valuation.