4 Room (4A) HDB for Sale in 112A Depot Road

The valuation of the HDB 4 Room unit in Bukit Merah, with a remaining lease of 76 years, stands at an estimated value of $831,816, translating to a price per square foot (PSF) of $773. This valuation is indicative of a favorable market signal, categorized as a Good Deal with a notable 9.8% difference from the baseline. The property’s competitive pricing stems from its strategic location within Bukit Merah, a vibrant area known for its accessibility and amenities, which typically commands higher valuations.

However, it is essential to note the model confidence in this valuation is assessed as low, primarily due to reliance on only two recent HDB resale transactions within the vicinity. This limited data pool suggests that while the property presents an attractive opportunity, potential buyers should exercise caution and further investigate the local market dynamics. As the HDB lease approaches the mid-70s, the implications of lease decay on long-term value appreciation must be considered, particularly in a market that is increasingly sensitive to lease tenure.