4 Room (4A) HDB for Sale in 346 Bukit Batok Street 34

The valuation of the HDB 4-room unit in Bukit Batok, with a remaining lease of 58 years, is estimated at $486,383, reflecting a price per square foot (PSF) of $439. This valuation is notably positioned above the market baseline by 7.9%, indicating a premium market signal that suggests strong demand for properties in this locale. Given the robust data derived from 151 recent HDB resale transactions in the vicinity, the model confidence in this valuation is categorized as high, reinforcing the reliability of the analysis.

The elevated valuation can be attributed to several key factors. Firstly, Bukit Batok is experiencing a renaissance in terms of urban development and infrastructural enhancements, which bolster the desirability of residing in this area. Additionally, the remaining lease of 58 years, while substantial, still allows for considerable occupancy duration, appealing to young families and first-time buyers. The combination of a strong local economy, community amenities, and accessibility to public transport further solidifies the attractiveness of this HDB unit, making it a noteworthy investment in the current real estate landscape.