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

The valuation of the HDB 2-room unit in Bukit Batok, with a remaining lease of 88 years, stands at an estimated value of $102,949, translating to a price per square foot (PSF) of $792. This positioning reflects a market price that is aligned with the baseline, indicating a stable valuation amidst the current market dynamics. The model confidence for this estimation is categorized as high, underscoring a robust analytical foundation based on thorough data synthesis.

Analyzing the broader market trends, this valuation is supported by a comprehensive assessment of 193 recent HDB resale transactions in the vicinity. The absence of a price differential from the baseline suggests a balanced supply and demand within the Bukit Batok area, indicative of a healthy real estate climate. As leasehold properties become increasingly sought after, particularly with a substantial remaining lease, this HDB unit exemplifies the intrinsic value associated with long-term tenure, making it a viable investment for prospective homeowners and investors alike.