Terraced House for Room Rent: Cashew Estate

The valuation of the HDB Executive flat in Bukit Batok, with a remaining lease of 97 years, stands at an estimated value of $980,890, translating to $577 per square foot (PSF). This valuation reflects a stable market position, as indicated by the market price being at a 0% difference from the baseline. Such stability suggests a balanced demand and supply dynamic within the Bukit Batok area, bolstered by a healthy volume of recent transactions.

Our analysis, based on 147 recent HDB resale transactions in the vicinity, reveals a high level of confidence in this valuation model. The remaining lease of 97 years is particularly advantageous, as it aligns with buyer preferences for longevity in property investments, thereby enhancing the perceived value of the unit. The Bukit Batok neighborhood continues to attract interest from both first-time buyers and investors, further solidifying its position in the competitive HDB market. The high model confidence rating indicates that the current valuation is robust and reflective of the underlying market trends, ensuring that stakeholders can make informed decisions.