4 Room (4A) HDB for Rent in 92B Telok Blangah Street 31

The valuation of the HDB 4-room unit in Bukit Merah reflects a competitive estimate of $1,025,653, translating to $1,026 PSF. With a remaining lease of 90 years, this property sits within a highly sought-after district, known for its urban connectivity and proximity to essential amenities. The valuation remains aligned with the market price, indicating a 0% difference from the baseline, which suggests stability in the current market dynamics for HDB properties in this area.

The medium confidence rating in this valuation stems from an analysis of 8 recent HDB resale transactions in the vicinity. These transactions provide a robust data set, showcasing the resilience of the Bukit Merah market amidst fluctuating economic conditions. As demand for HDB properties continues to steady, particularly for units with significant remaining leases, this property presents an attractive investment opportunity, underscoring the importance of location and lease duration in determining market value.