4 Room (4A) HDB for Sale in 104A Depot Road

The HDB 4-room property located in Bukit Merah, with a remaining lease of 71 years, presents a valuation of approximately $756,629, translating to a price per square foot (PSF) of $703. This valuation reflects an intriguing market signal, with a modest 1.8% difference from the baseline pricing, suggesting a relatively stable demand in this desirable district. Bukit Merah, known for its proximity to the Central Business District and rich community amenities, continues to attract buyers seeking both investment potential and residential comfort.

However, it is essential to note that the model confidence for this valuation is categorized as low, which may indicate fluctuations in buyer sentiment or external economic factors influencing market dynamics. The analysis is supported by data from four recent HDB resale transactions in the vicinity, which portray a slight uptick in market activity. Investors and potential homeowners should exercise caution while interpreting this valuation, as the remaining lease period, coupled with current market trends, plays a pivotal role in determining the long-term viability of the investment.