4 Room (4A) HDB for Rent in 18 Dover Crescent

The HDB 4-room unit located in Bukit Merah, with a remaining lease of 75 years, presents a current estimated value of $1,127,316, translating to a price per square foot (PSF) of $1,139. This valuation indicates a market price that remains stable, reflecting a 0% difference from the established baseline. Such stability suggests a balanced demand and supply dynamic within this sought-after precinct, which is characterized by its proximity to key amenities and vibrant community life.

Despite the favorable market conditions, the model confidence in this valuation is classified as low, primarily due to the limited dataset comprising only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales data can introduce variability in valuation accuracy. As the property market continues to evolve, it is crucial for potential buyers and investors to remain vigilant regarding local market trends and the implications of HDB leasehold dynamics, particularly as the remaining lease approaches its midpoint. The Bukit Merah area, known for its robust infrastructure and accessibility, continues to be an attractive option for both homebuyers and investors in the current property landscape.