Common Room (HDB) for Rent in 235 Bukit Panjang Ring Road

The valuation for the HDB 4-room unit located in Bukit Panjang, with a remaining lease of 61 years, stands at an estimated value of $59,136 or $493 per square foot. This valuation is grounded in a robust analytical framework, bolstered by the confidence derived from a substantial dataset comprising 492 recent HDB resale transactions in the vicinity. The model's high confidence rating underscores the reliability of the valuation amidst the current market dynamics.

Notably, the property reflects a market price that exhibits a 0% difference from the baseline, indicating a stable valuation environment in Bukit Panjang. This stability suggests that demand for HDB properties in this locality remains consistent, with potential buyers valuing the long-term lease and community amenities available in the area. The remaining lease of 61 years positions this unit favorably, as it aligns with the preferences of families and investors seeking longevity in their property investments, while also reflecting the underlying strength of the HDB market in Singapore.