Common Room (HDB) for Rent in 180 Bukit Batok West Avenue 8

In the current landscape of Singapore's real estate market, the valuation of the HDB 2 Room unit in Bukit Batok, with a remaining lease of 75 years, stands at an estimated value of $97,192, equating to approximately $810 PSF. This valuation reflects a market price that shows a remarkable stability, with a 0% difference from the baseline. Such stability indicates a balanced demand-supply dynamic in the Bukit Batok area, suggesting that buyers are currently willing to pay prices that align closely with established benchmarks.

The model confidence for this valuation has been assessed as high, supported by data derived from 198 recent HDB resale transactions in the vicinity. This robust sample size enhances the reliability of the pricing model, reinforcing the notion that the market is responding predictably to the prevailing economic conditions and housing demands. Furthermore, the remaining lease of 75 years positions this property favorably among potential buyers, who are increasingly prioritizing long lease tenures amid concerns regarding lease decay for shorter-term options.