4-Room HDB for Room Rent: 438A Bukit Batok West Avenue 8

The recent valuation of a 4-room HDB flat in Bukit Batok, with a remaining lease of 91 years, stands at an estimated value of $70,477, translating to a price per square foot (PSF) of $705. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting a stable demand and supply equilibrium for HDB properties in the region. The valuation is based on a comparative analysis of five recent resale transactions in the vicinity, which provides a robust yet limited dataset for inference.

It is important to note that the model confidence in this valuation is classified as low, which may indicate potential volatility in market conditions or limited transaction activity that could affect price stability. The remaining lease of 91 years is a significant factor, as it positions the property favorably within the market, appealing to both first-time buyers and investors seeking long-term residential options. As Bukit Batok continues to evolve with infrastructure developments and community enhancements, monitoring future market dynamics will be crucial for stakeholders in the HDB market.