Common Room (HDB) for Rent in 454 Fajar Road

The valuation of the 2-room HDB unit located in Bukit Batok, with a remaining lease of 75 years, stands at an estimated value of $39,584, translating to a price per square foot (PSF) of $792. This valuation reflects the current market conditions, with a remarkable market price showing a 0% difference from the baseline, indicating a stable and balanced pricing environment for HDB properties in this locale.

The high model confidence associated with this valuation is substantiated by an extensive analysis of 194 recent HDB resale transactions in the vicinity, providing a robust dataset that underscores the reliability of the price estimate. The durability of the remaining lease is a significant factor in this valuation, as properties with longer leases tend to retain higher value and appeal among buyers. In a competitive market, maintaining a 75-year remaining lease positions this property favorably, suggesting resilience against market fluctuations and enhancing its attractiveness to potential investors and homeowners alike.