HDB Executive for Room Rent: 147 Gangsa Road

The valuation of the HDB Executive unit in Bukit Batok reflects a calculated estimate of $117,594, translating to a price per square foot (PSF) of $470. With a remaining lease of 61 years, this property is situated within a robust market where recent trends indicate a stable demand for HDB resale units. The estimated value aligns closely with the current market price, exhibiting a 0% difference from the baseline, which underscores the equilibrium within this segment of the real estate market.

Our analysis draws upon 92 recent HDB resale transactions in the vicinity, providing a high level of model confidence in the valuation. The data indicates a consistent demand for properties in Bukit Batok, supported by the area's accessibility and community amenities, which are pivotal for potential buyers. As the remaining lease approaches the mid-range, properties like this Executive HDB unit tend to attract both owner-occupiers and investors, reinforcing the stability of the market dynamics in this locale.