4 Room (4A) HDB for Sale in 110A Depot Road

The HDB 4-room property located in Bukit Merah, with a remaining lease of 89 years, presents a compelling opportunity for potential buyers and investors. Valued at approximately $904,817, or $914 per square foot, this property reflects a market price that is closely aligned with the baseline, exhibiting only a 0.5% variance. This slight deviation signifies a stable demand within the Bukit Merah vicinity, despite the low model confidence associated with this valuation, which suggests a need for cautious evaluation in the current market landscape.

Analyzing the market dynamics, the valuation is supported by a comparative analysis of six recent HDB resale transactions in the area. These transactions highlight a consistent performance of properties in Bukit Merah, a district known for its strategic location and robust community amenities. However, the low model confidence indicates potential fluctuations in buyer sentiment and market conditions that could impact future valuations. As such, stakeholders are advised to consider both the long-term lease remaining on this property and the broader economic indicators that may influence the HDB market in Singapore.