3 Room (3NG) HDB for Rent in 161 Bukit Merah Central

The HDB 3 Room property located in Bukit Merah, with a remaining lease of 75 years, is currently valued at an estimated $669,231, translating to a price per square foot (PSF) of $759. This valuation reflects a market price that is aligned with the baseline, indicating a stable market condition with no significant deviations. Such equilibrium suggests that the property is competitively priced within its segment, reinforcing the demand and attractiveness of Bukit Merah as a sought-after residential area.

Our analysis is grounded in a robust dataset, drawing insights from 499 recent HDB resale transactions in the vicinity. The high model confidence associated with this valuation underscores the reliability of the data and the inherent value proposition of this property. As Singapore's HDB market continues to evolve, the longevity of the remaining lease and the established market dynamics position this 3 Room unit as a viable investment opportunity, appealing to both homebuyers and investors looking for properties with enduring value in a prime location.