3 Room (3A) HDB for Sale in 219 Bukit Batok Street 21

This valuation report focuses on a HDB 3 Room unit located in Bukit Batok, which possesses a remaining lease of 57 years. The estimated value of the property stands at $347,411, translating to $468 PSF. Notably, this valuation is positioned significantly above the prevailing market trends, exhibiting a remarkable 28.1% differential from the baseline value, indicating a potential premium attributed to unique location attributes or demand factors in the vicinity.

The model confidence for this valuation is classified as low, a cautionary signal suggesting that the estimation may lack robustness due to limited comparable data points. The assessment is based on three recent HDB resale transactions within the area, underscoring the importance of local market dynamics in influencing property valuations. Given the remaining lease duration, prospective buyers should consider both the leasehold implications and the broader market signals when evaluating this property, as they may significantly impact future resale potential and overall investment viability.