Terraced House for Room Rent: 85 Cashew Terrace

The valuation of the 2-room HDB property in Bukit Batok, with a remaining lease of 81 years, stands at an estimated value of $198,053, translating to $792 per square foot (PSF). This valuation reflects a market price that is consistent with the baseline, indicating a stable and balanced demand within the local real estate landscape. With a model confidence rated as high, the analysis is supported by a substantial dataset comprising 199 recent HDB resale transactions in the vicinity, further bolstering the reliability of this estimate.

Given the 81-year remaining lease, this property offers a competitive advantage in the HDB market, particularly for first-time buyers and young families seeking affordable housing options in a well-established neighborhood. The steady market price suggests a lack of significant fluctuations, indicating that Bukit Batok remains a desirable area for residential living. As the region continues to evolve, the demand for HDB flats is expected to remain resilient, making this valuation a prudent entry point for potential investors and homebuyers alike.