413 Bukit Batok West Avenue 4 is a prominent address in Singapore’s western region, offering a desirable blend of urban convenience and tranquil living spaces. This article delves into the many facets of 413 Bukit Batok West Avenue 4, exploring its location, amenities, demographics, and potential for growth.
Location and Accessibility
Situated in the heart of Bukit Batok West, 413 Bukit Batok West Avenue 4 boasts exceptional connectivity to the rest of Singapore. The Bukit Batok MRT station, a major interchange on the North-South Line, is just a short walk away, providing seamless access to the city center, the north, and the south.
In addition, 413 Bukit Batok West Avenue 4 is well-served by an extensive network of buses, servicing various destinations across the island. The nearby Jurong East Bus Interchange, one of the largest bus interchanges in Singapore, further enhances its connectivity.
Amenities and Lifestyle
The immediate vicinity of 413 Bukit Batok West Avenue 4 offers a wide range of amenities that cater to the diverse needs of its residents. Within walking distance, residents can access a supermarket, a clinic, and several eateries. For a more comprehensive shopping experience, the neighboring Jurong East Regional Centre, home to Jurong East Central 1 and Jem, is just a short bus ride away.
Families with children will appreciate the proximity to schools such as Dazhong Primary School, West Spring Secondary School, and Fuhua Secondary School, all of which are within a 1-kilometer radius. The area also features several childcare centers and preschools, providing convenient childcare options for working parents.
For those who enjoy outdoor activities, the nearby Bukit Batok Town Park and Bukit Gombak Park offer ample opportunities for recreation and relaxation. The parks boast lush greenery, playgrounds, and fitness facilities, catering to the well-being of residents of all ages.
Demographics and Socioeconomic Profile
According to the 2020 Census, the population of the Bukit Batok West region is estimated at 50,000, with a median age of 40.6 years. The area has a diverse population, with a mix of Singaporeans, permanent residents, and expatriates.
The socioeconomic profile of the Bukit Batok West region is characterized by a high proportion of residents with tertiary education and white-collar occupations. The per capita income of the region is also higher than the national average, indicating a higher standard of living.
Market Trends and Growth Potential
The real estate market at 413 Bukit Batok West Avenue 4 has seen steady growth in recent years, with an increase in both property prices and rental yields. The demand for properties in this area is driven by its favorable location, accessibility, and amenities.
According to data from the Urban Redevelopment Authority (URA), the average prices of residential properties at 413 Bukit Batok West Avenue 4 have increased by approximately 5% over the past five years. This trend is expected to continue in the coming years, as the area continues to attract investors and homebuyers.
The rental market at 413 Bukit Batok West Avenue 4 is also performing well, with high occupancy rates and strong rental demand. The proximity to the MRT station and other amenities makes this area particularly attractive to tenants seeking convenience and accessibility.
Investment Opportunities
413 Bukit Batok West Avenue 4 presents a range of investment opportunities for both individuals and businesses. The growing population and increasing demand for properties in the area make it a promising location for rental investments. The potential for capital appreciation further enhances its appeal to long-term investors.
For businesses, the area’s high visibility and accessibility make it an ideal location for retail, F&B, or office developments. The presence of a large residential population provides a steady stream of potential customers for businesses seeking to establish a presence in this vibrant neighborhood.
Conclusion
413 Bukit Batok West Avenue 4 is a dynamic and well-connected address in Singapore’s western region. Its convenient location, abundance of amenities, and strong growth potential make it an attractive option for homebuyers, investors, and businesses alike. As the area continues to develop and thrive, it is poised to offer even more opportunities in the years to come.
Tables
Table 1: Travel Times to Key Destinations from 413 Bukit Batok West Avenue 4
| Destination | Travel Time (mins) |
|---|---|
| Jurong East MRT station | 3 |
| City Centre (Raffles Place MRT station) | 20 |
| Orchard Road (Orchard MRT station) | 15 |
| Changi Airport (Terminals 1-3) | 40 |
| Tuas Checkpoint | 30 |
Table 2: Demographic Profile of Bukit Batok West Region
| Demographic | Value |
|---|---|
| Population | 50,000 |
| Median Age | 40.6 years |
| Percentage of Singaporeans | 70% |
| Percentage of Permanent Residents | 20% |
| Percentage of Expatriates | 10% |
| Percentage of Residents with Tertiary Education | 55% |
Table 3: Real Estate Market Trends at 413 Bukit Batok West Avenue 4
| Year | Average Property Price (SGD) | Rental Yield (%) |
|---|---|---|
| 2018 | 750,000 | 3.5 |
| 2019 | 780,000 | 3.7 |
| 2020 | 810,000 | 4.0 |
| 2021 | 840,000 | 4.2 |
| 2022 | 870,000 | 4.4 |
Table 4: Investment Opportunities at 413 Bukit Batok West Avenue 4
| Type of Investment | Potential Returns | Risk Profile |
|---|---|---|
| Residential Rental | 4-6% | Low |
| Commercial Rental | 6-8% | Medium |
| Residential Capital Appreciation | 5-7% | High |
| Commercial Capital Appreciation | 7-9% | High |
