5 Room (5I) HDB for Sale in 213 Petir Road

The valuation of the HDB 5 Room unit in Bukit Batok reflects a comprehensive analysis of the current market dynamics, particularly in light of the remaining lease of 60 years. Priced at an estimated value of $568,625 (or $433 PSF), this property positions itself competitively within the local real estate landscape. The valuation indicates a subtle yet noteworthy 2% deviation from the baseline market price, suggesting a strong demand relative to the supply of similar units in the vicinity. This slight premium underscores the desirability of Bukit Batok as a residential locale, appealing particularly to families seeking spacious living arrangements.

With a model confidence rating deemed high, this assessment is bolstered by an extensive review of 80 recent HDB resale transactions in the area. The data suggests that despite the diminishing lease period, the property maintains its value due to a combination of factors including location, amenities, and overall market sentiment. Potential buyers should note that properties with longer remaining leases typically command higher premiums; however, the current market signals indicate that this unit remains an attractive investment opportunity in a robust market, reflecting both stability and growth potential.