Master Room (HDB) for Rent in 126 Pending Road

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 59 years, stands at an estimated value of $108,055, which translates to a price per square foot (PSF) of $636. This valuation is significant as it reflects the current market dynamics within the area, characterized by a stable price point that shows no deviation from the baseline market price. Such stability indicates a balanced demand and supply scenario, reinforcing the desirability of Bukit Batok as a residential choice among homebuyers.

The model confidence in this valuation is rated as high, substantiated by the analysis of 200 recent HDB resale transactions in the vicinity. This robust data set provides a reliable foundation for understanding the local real estate trends, particularly in relation to the remaining lease period of the property. With 59 years left on the lease, potential buyers may find this aspect appealing, as it allows for a significant duration of residential enjoyment while still being aligned with the expectations of the market. Overall, this valuation encapsulates the current health of the HDB market in Bukit Batok, indicating a stable investment opportunity for prospective homeowners.