Common Room (HDB) for Rent in 8 Teck Whye Avenue

The valuation of the HDB 2 Room unit in Bukit Batok, with a remaining lease of 52 years, stands at an estimated value of $33,852, translating to a price per square foot (PSF) of $564. This valuation reflects a stable market position, evidenced by a market price that shows a 0% difference from the baseline. The model confidence is rated as high, underscoring robust analytical foundations derived from a substantial dataset of 190 recent HDB resale transactions in the vicinity.

In the context of the current market dynamics, this HDB unit's valuation indicates a balanced supply and demand scenario within Bukit Batok. The remaining lease of 52 years is notable, as it positions the property within a demographic that typically seeks longevity in tenure, making it appealing to both first-time buyers and investors looking for stable rental yields. As such, this HDB unit not only embodies a reliable investment opportunity but also reflects the overall health of the HDB market in the region, characterized by consistent transaction activity and a steady price trajectory.