Common Room (HDB) for Rent in 201 Petir Road

The valuation of the HDB 2 Room property in Bukit Batok, with a remaining lease of 60 years, stands at an estimated value of $64,639, translating to a price per square foot (PSF) of $646. This valuation reflects a strategic equilibrium in the current market, showcasing a 0% difference from the baseline price. Such stability in pricing indicates a well-balanced demand and supply scenario, reinforcing the property's desirability within the Bukit Batok precinct.

Our analysis is grounded in data drawn from 200 recent HDB resale transactions in the vicinity, lending a high level of confidence to the model's output. The enduring appeal of Bukit Batok, characterized by its strategic location and robust community amenities, contributes significantly to the sustained market interest in HDB units, particularly those with a considerable remaining lease. As we navigate the evolving landscape of Singapore's real estate market, this valuation underscores the importance of lease tenure as a critical factor influencing buyer sentiment and market performance.