3 Room (3I) HDB for Sale in 21 Telok Blangah Crescent

The HDB 3-room unit located in Bukit Merah, with a remaining lease of 47 years, presents a compelling valuation of approximately $332,311, translating to a price per square foot (PSF) of $475. This valuation is derived from a comprehensive analysis of 499 recent HDB resale transactions in the vicinity, indicating a robust data foundation for our assessment. The estimated value reflects a market signal showing a modest 2.3% deviation from the baseline, suggesting a stable demand amidst evolving real estate dynamics.

Given the high model confidence associated with this valuation, it is evident that the Bukit Merah area remains an attractive enclave for prospective buyers and investors alike. The relatively balanced difference from baseline prices indicates that while the market is experiencing slight fluctuations, it remains resilient, supported by the area's intrinsic appeal and amenities. With 47 years left on the lease, this property is poised to offer both immediate living satisfaction and potential for capital appreciation, making it a valuable consideration in Singapore's competitive property landscape.