1 Room HDB for Rent in 22 Dover Crescent

In the vibrant district of Bukit Merah, the HDB 1 Room unit currently holds an estimated value of $272,037, translating to a price per square foot (PSF) of $544. With a remaining lease of 48 years, this property presents a unique opportunity for potential buyers seeking a foothold in one of Singapore's well-established residential neighborhoods. The valuation reflects a market price that is in perfect alignment with the baseline, indicating stability in the current market dynamics.

The model confidence for this valuation is categorized as medium, based on a comprehensive analysis of 19 recent HDB resale transactions in the vicinity. This data underpins the estimated value, showcasing a consistent trend in buyer sentiment and market demand. As the real estate landscape continues to evolve, properties with a moderate remaining lease like this one are becoming increasingly relevant, particularly for first-time homebuyers or investors aiming for long-term capital appreciation. The market signals suggest a balanced environment, where pricing is reflective of both current demand and the intrinsic value of the property itself.