3 Room (3A) HDB for Sale in 80C Telok Blangah Street 31

The HDB 3 Room property located in Bukit Merah, with a remaining lease of 86 years, is currently estimated at a value of $838,742, translating to a price per square foot of $1,146. This valuation reflects a market price that is approximately 3.5% above the baseline, indicating a slight upward trend in local demand and pricing dynamics. However, it is imperative to note that the model confidence for this valuation is classified as low, suggesting potential volatility and uncertainty in the current market conditions.

Analysis of recent resale transactions within the vicinity, encompassing seven comparable properties, reveals a mixed sentiment among buyers and sellers. This fluctuation in value can be attributed to various factors, including shifts in buyer preferences, the overall economic climate, and the specific appeal of Bukit Merah as a residential location. As such, prospective buyers are advised to consider the remaining lease duration and the current market signals, which may influence future resale potential and investment viability.