Common Room (HDB) for Rent in 802C Keat Hong Close

The valuation of the HDB 4-room unit in Bukit Batok, with a remaining lease of 91 years, stands at an estimated value of $71,289, translating to an approximate price per square foot (PSF) of $648. This valuation reflects a stable market condition as indicated by a 0% difference from the baseline market price, suggesting that the property is accurately priced in alignment with current market dynamics. The model confidence for this valuation is rated as high, underscoring the reliability of the data derived from a comprehensive analysis of 500 recent HDB resale transactions in the vicinity.

In the context of Singapore's real estate landscape, HDB properties with substantial remaining leases, such as this one, typically exhibit strong demand due to their potential for longevity and stability in value. The Bukit Batok area remains a sought-after locale, characterized by well-established amenities and a family-friendly environment. As we continue to observe market trends, the resilience of HDB properties, particularly those with favorable lease terms, reinforces their appeal to both owner-occupiers and investors alike. This valuation serves as a pivotal reference for stakeholders aiming to navigate the intricacies of the HDB market in Singapore.