Common Room (HDB) for Rent in 116 Bukit Batok West Avenue 6

This valuation report presents an in-depth analysis of a HDB 4-room property located in Bukit Batok, which currently has a remaining lease of 57 years. The estimated value of the unit stands at $79,073, translating to $527 per square foot (PSF). The valuation is derived from a comprehensive assessment of 500 recent HDB resale transactions within the vicinity, ensuring a robust and data-driven approach to determining market value.

The current market signal indicates a 0% difference from the baseline, suggesting that the property is priced in line with prevailing market conditions. This stability in pricing reflects a balanced demand-supply dynamic within the Bukit Batok area, where buyers are demonstrating consistent interest in HDB units with similar lease durations. Furthermore, the model confidence is rated as high, which underscores the reliability of the valuation amidst fluctuating market conditions. As the remaining lease continues to diminish, potential buyers should consider the implications of lease longevity on future resale value and marketability.