3 Room (3A) HDB for Rent in 91A Telok Blangah Street 31

The HDB 3 Room property located in Bukit Merah, with a remaining lease of 90 years, presents an estimated value of $481,872, translating to a price per square foot (PSF) of $1,071. This valuation reflects a market price that is in line with the baseline, demonstrating a stable demand within this highly sought-after locale. The Bukit Merah area is known for its strategic proximity to key amenities and transportation links, which significantly contributes to its attractiveness among potential buyers and investors.

However, it is important to note that the model confidence for this valuation is categorized as low, suggesting that fluctuations in market dynamics could influence the property’s value. The analysis is supported by recent resale transactions—specifically, six comparable HDB sales in the vicinity, which provide a reference point for current market trends. Investors should remain vigilant of the evolving real estate landscape in Bukit Merah, as factors such as new developments, infrastructure improvements, and shifts in buyer sentiment may impact future valuations.