Common Room (HDB) for Rent in 395 Bukit Batok West Avenue 5

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 77 years, stands at an estimated value of $261,404, translating to a price per square foot (PSF) of $809. This valuation reflects a market price that is in line with the baseline, indicating a stable demand environment for HDB properties in this area. The model confidence level is rated as high, underscoring the reliability of this valuation based on extensive data analysis.

In assessing the dynamics of the Bukit Batok market, it is essential to consider the context of the 196 recent HDB resale transactions in the vicinity, which provide a robust dataset for comparison. The absence of price fluctuation from the baseline suggests a balanced market where buyer and seller expectations are aligned. Moreover, with a substantial remaining lease of 77 years, this property offers potential buyers a long-term investment opportunity, thus contributing to its appeal in a competitive market. As the demand for HDB properties continues to evolve, this valuation serves as a key indicator of market stability and future growth potential in the region.