Common Room (HDB) for Rent in 423 Bukit Batok West Avenue 2

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 58 years, is estimated at $63,863, translating to a price per square foot of $639 PSF. This valuation reflects a strategic positioning within the current market landscape, as it indicates a 0% difference from the baseline market price. Such stability in pricing suggests a balanced demand and supply dynamic in this residential enclave, which is supported by the recent analysis of 196 HDB resale transactions in the vicinity.

With a model confidence rating of High, the data underscores the resilience of Bukit Batok's property market, particularly for mid-lease HDB units. The remaining lease of 58 years provides prospective buyers with a reasonable timeframe for investment, aligning well with both owner-occupiers and long-term investors looking for stable returns. In the context of the broader HDB market, this valuation serves as a benchmark, illustrating the ongoing demand for well-located properties in established neighborhoods, while also highlighting the significance of lease duration in influencing buyer sentiment and market activity.