3 Room (3NG) HDB for Sale in 307 Bukit Batok Street 31

The HDB 3-room property located in Bukit Batok, with a remaining lease of 57 years, has been valued at an estimated $369,812, equating to $505 per square foot. This valuation indicates a notable market signal, as it stands approximately 15.7% above the baseline, suggesting a heightened demand for properties in this locality despite the reduced lease period. Such a premium valuation is indicative of the desirability of Bukit Batok as a residential enclave, which benefits from a robust infrastructure and proximity to essential amenities.

However, the model confidence level is categorized as low, primarily due to the limited data set derived from only two recent HDB resale transactions within the vicinity. This lack of comprehensive transaction data may introduce variability in the valuation process, underscoring the need for prospective buyers to exercise caution. As the property market continues to evolve, the interplay between remaining lease duration and buyer sentiment will be crucial in shaping future valuations in this sector. Investors and homeowners alike should remain vigilant of ongoing market trends and leasehold dynamics that may influence property desirability and price stability.