3 Room (3A) HDB for Sale in 105A Depot Road

The valuation of the HDB 3-room unit in Bukit Merah, with a remaining lease of 49 years, stands at an estimated value of $478,238, translating to a price per square foot (PSF) of $663. This valuation is notably positioned above the market average, reflecting a significant 46.4% difference from the baseline. Such a premium indicates strong demand in this vibrant district, where the interplay of urban living and community amenities creates an attractive proposition for potential buyers.

Market dynamics suggest that the HDB resale market in Bukit Merah is buoyed by its strategic location and demographic trends. The model confidence is rated as medium, which underscores the volatility inherent in property valuations, particularly for units with shorter remaining leases. However, the analysis is bolstered by recent trends, drawing from 8 comparable HDB resale transactions in the vicinity. These factors collectively underscore the investment potential of this property despite its lease period, offering a compelling opportunity for both homeowners and investors looking to capitalize on the robust demand within this region.