4 Room (4A) HDB for Rent in 103B Depot Road

The valuation of the HDB 4-room unit in Bukit Merah, with a remaining lease of 90 years, stands at an estimated value of $829,192 or $771 per square foot (PSF). This valuation reflects a market price that shows a 0% difference from the baseline, indicating a stable market position without significant fluctuations in demand or pricing in the immediate vicinity. Such stability can often be attributed to the enduring desirability of the Bukit Merah locale, characterized by its strategic urban positioning and accessibility to various amenities.

However, it is essential to note the low model confidence associated with this valuation, primarily influenced by the limited data available—drawing from only one recent HDB resale transaction in the area. This lack of robust transactional data suggests a cautious approach to interpreting the valuation, as it may not fully encapsulate the current market dynamics. Buyers and investors should consider the implications of the remaining lease of 90 years, which provides a substantial period for occupancy yet may influence future resale values as the lease approaches its tail end. The interplay of these factors underscores the importance of a comprehensive analysis when navigating the real estate landscape in this vibrant district.