Common Room (HDB) for Rent in 145 Petir Road

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $97,155, translating to a price per square foot (PSF) of $648. This valuation reflects a market signal indicating no deviation from the baseline, showcasing a balanced demand and supply dynamic in this segment of the HDB market. Given the proximity to essential amenities and established public transport links, Bukit Batok continues to attract interest from both first-time buyers and investors seeking stable assets.

Our analysis is underpinned by a robust dataset comprising 196 recent resale transactions in the vicinity, lending a high confidence level to this model. The stability in the market price indicates a resilient performance despite broader economic fluctuations, suggesting that properties in this area are valued for their long-term potential. The remaining lease period of 60 years is considered favorable in the context of HDB properties, as it aligns well with the buying patterns of those looking to invest in a home that balances affordability with longevity in terms of lease tenure.