5 Room (5I) HDB for Sale in 140 Petir Road

The valuation of the HDB 5-room unit in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $569,059, translating to $433 per square foot (PSF). This valuation indicates a robust market signal, being positioned 23% above the baseline, which reflects a strong demand for HDB properties in the area. The high model confidence, derived from an analysis of 80 recent resale transactions in the vicinity, underscores the reliability of this estimate, affirming the competitive pricing dynamics at play in the Bukit Batok precinct.

The elevated valuation can be attributed to several factors, including the area's strategic location, ongoing urban development initiatives, and the desirability of larger HDB units as family-oriented living spaces. As Singapore's property market continues to evolve, the remaining lease of 60 years remains an essential consideration for potential buyers. However, the current demand suggests that buyers are willing to overlook the lease duration, likely driven by the property's overall value proposition and the intrinsic benefits of living in Bukit Batok.