Common Room (HDB) for Rent in 115 Pending Road

The HDB 2-room property located in Bukit Batok, with a remaining lease of 59 years, has been appraised at an estimated value of $177,973, translating to a price per square foot (PSF) of $636. This valuation reflects a market price that is consistent with the baseline, indicating a 0% difference from prevailing market rates. Such stability suggests a strong equilibrium in the local real estate market, likely buoyed by sustained demand in the area.

Our analysis is anchored in data derived from 200 recent HDB resale transactions in the vicinity, which provides a robust foundation for the valuation. The high model confidence reflects the reliability of the dataset and the prevailing market conditions, underscoring the property’s competitive positioning. The remaining lease of 59 years also plays a crucial role in influencing buyer sentiment and pricing dynamics, as potential homeowners remain cognizant of lease longevity when making purchasing decisions. Overall, this valuation reaffirms Bukit Batok’s continued appeal within the HDB market, characterized by stable pricing and a favorable investment climate.