Master Room (HDB) for Rent in 166B Teck Whye Crescent

The HDB 2-room unit located in Bukit Batok, with a remaining lease of 88 years, has been appraised at an estimated value of $103,146, translating to a price per square foot (PSF) of $793. This valuation indicates a stable market position, as evidenced by the current market price reflecting a 0% difference from the baseline. Such stability suggests a balanced supply and demand in the local housing sector, with buyers and sellers operating under a consensus of value.

Our analysis is fortified by data from 196 recent HDB resale transactions in the vicinity, which provides a robust foundation for our valuation metrics. The high model confidence associated with this appraisal underscores the reliability of current market trends, particularly in a dynamic area like Bukit Batok, where property values have shown resilience. The longevity of the lease further enhances the appeal of this property, providing prospective buyers with a sense of security and stability. As the market continues to evolve, the strong fundamentals of this HDB unit position it well for potential appreciation, making it an attractive option for both investors and first-time homebuyers.