3 Room (3I) HDB for Sale in 15 Telok Blangah Crescent

In the competitive landscape of Singapore's real estate market, the valuation of this 3-room HDB unit in Bukit Merah stands at an estimated value of $389,106, translating to a price per square foot of $476. With only 47 years remaining on its lease, the property is positioned above the market average by an impressive 28.2%. This substantial premium indicates strong demand in the region, supported by recent market activity.

The high model confidence level, derived from an analysis of 499 recent HDB resale transactions within the vicinity, reinforces the robustness of this valuation. The elevated price point reflects the unique appeal of Bukit Merah, characterized by its strategic location and proximity to essential amenities. As the market continues to evolve, the remaining lease period must be carefully considered, as it plays a critical role in influencing future resale potential and buyer sentiment. Overall, this valuation underscores the dynamic interplay between lease tenure and market demand in Singapore's HDB sector.