HDB Executive for Room Rent: 147 Gangsa Road

The valuation of the HDB Executive unit in Bukit Batok, with a remaining lease of 61 years, stands at an estimated value of $117,594, equating to a price per square foot of $470. This assessment is drawn from a robust dataset comprising 92 recent HDB resale transactions in the vicinity, signifying a strong correlation to current market trends. The model confidence is rated as high, underscoring the reliability of this valuation amidst fluctuating market dynamics.

Notably, the market signal indicates a 0% difference from the baseline price, suggesting that the property is currently positioned at an equilibrium point within the local market spectrum. This reflects a stable demand for HDB executive flats in Bukit Batok, a region characterized by its strategic location and comprehensive amenities. The remaining lease of 61 years is a critical factor, as it balances the attractiveness of the property against the implications of leasehold tenure, especially for potential buyers who prioritize long-term investment viability.