3 Room (3I) HDB for Rent in 44 Telok Blangah Drive

The HDB 3-room property located in Bukit Merah, with a remaining lease of 48 years, presents a compelling opportunity in the current real estate market. Valued at approximately $292,572, or $419 per square foot, this valuation aligns closely with the market baseline, demonstrating a 0% variance. This stability signals a mature and balanced demand-supply dynamic in the Bukit Merah region, which is characterized by a diverse demographic and a robust community infrastructure.

Furthermore, our analysis is bolstered by the examination of nine recent HDB resale transactions in the vicinity, which lends a medium level of confidence to the estimated value. The 48-year remaining lease is a critical factor in assessing long-term investment potential, as properties with a lease of this duration typically attract buyers seeking both immediate habitation and future appreciation. As urban development continues to enhance Bukit Merah's appeal, this property represents not just a home, but a strategic investment in a vibrant and evolving locale.