4 Room (4I) HDB for Sale in 120 Bukit Merah View

The HDB 4 Room property located in Bukit Merah presents an intriguing opportunity in the current real estate landscape, with an estimated value of $347,443, translating to a price per square foot (PSF) of $367. This valuation is notably positioned above the market baseline, exhibiting a significant 66.9% difference. Such a disparity signals heightened demand and potential desirability for properties within this area, despite the remaining lease of 45 years, which typically influences buyer sentiment and investment strategies.

Market dynamics in Bukit Merah reveal a competitive environment, supported by two recent HDB resale transactions in the vicinity that serve as a benchmark for this valuation. However, the model confidence is categorized as low, suggesting that the valuation may be influenced by limited data points and market fluctuations. Buyers should proceed with caution, considering the mixed signals of an above-market valuation against the backdrop of the property’s remaining lease tenure. This complexity underscores the importance of thorough due diligence and market analysis for potential investors and homeowners alike.