5 Room (5I) HDB for Sale in 432 Bukit Panjang Ring Road

The valuation of the HDB 5 Room unit in Bukit Panjang, with a remaining lease of 61 years, stands at an estimated value of $646,838, translating to $493 per square foot. This figure reflects a significant understanding of the local market dynamics, particularly as the property exhibits a market price that is only 3.6% above the baseline. Such a narrow margin indicates a well-balanced valuation, suggesting that this property is competitively priced within the current market landscape.

With a model confidence rating of high, this valuation is supported by an extensive analysis of 482 recent HDB resale transactions in the vicinity, providing a robust foundation for the estimated value. The remaining lease of 61 years is a crucial factor in the assessment, as it positions the property within a desirable timeframe for potential buyers, fostering both investment appeal and occupancy viability. As the Bukit Panjang area continues to evolve with urban development and infrastructure improvements, the sustained interest in HDB properties like this one underlines the resilience of the market, making it a prime consideration for prospective homeowners and investors alike.