Common Room (HDB) for Rent in 18 Teck Whye Lane

The valuation of the HDB 2 Room unit in Bukit Batok, with a remaining lease of 54 years, stands at an estimated value of $69,798, translating to a price per square foot (PSF) of $582. This valuation reflects a significant market stability, indicated by a 0% difference from the baseline market price. Such a figure suggests that the unit is priced in alignment with current market sentiments, reinforcing its competitive positioning in the Bukit Batok precinct.

Our analysis is bolstered by a robust dataset, drawn from 194 recent HDB resale transactions in the vicinity, which adds a layer of confidence to the model’s accuracy, categorized as high. The sustained demand for HDB properties in this area can be attributed to its strategic location and accessibility, catering to a diverse demographic. As the remaining lease is a critical factor for potential buyers, the 54-year lease term provides a balance between affordability and long-term investment potential, making this property an attractive option within the current market landscape.