Common Room (HDB) for Rent in 283 Bukit Batok East Avenue 3

The valuation of the HDB 2 Room unit in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $99,569, translating to a price per square foot (PSF) of $664. This valuation is particularly significant as it reflects a market price that is aligned with the baseline, indicating a stable demand in the region. The strong performance of this property is underscored by a model confidence rating of high, which is bolstered by comprehensive analysis derived from 189 recent HDB resale transactions in the vicinity.

In the context of the current market dynamics, the zero percent difference from the baseline suggests that the property is being valued fairly within the competitive landscape of Bukit Batok. This stability may be indicative of a broader trend in the HDB market, where potential buyers are increasingly recognizing the value of properties with longer remaining leases, such as this unit. As the HDB landscape continues to evolve, this valuation not only reflects the intrinsic value of the property but also highlights the robust demand for housing in this well-established district.