4-Room HDB for Room Rent: 109A Depot Road

The valuation of the HDB 4-room unit in Bukit Merah, with a remaining lease of 77 years, stands at an estimated value of $85,710, translating to a competitive price per square foot of $952. This valuation reflects a stable market condition, showing no deviation from the baseline, which indicates a balanced demand and supply scenario in this sought-after district. The high model confidence, based on a robust analysis of 158 recent HDB resale transactions in the vicinity, further solidifies the reliability of this valuation.

In the context of Singapore’s property landscape, Bukit Merah continues to be a desirable location, characterized by its strategic proximity to key amenities and transport links. The remaining lease of 77 years is a significant factor that enhances the property's appeal to both investors and homebuyers, as it offers a substantial duration for occupancy and investment potential. The current market signals suggest that as the demand for HDB properties remains resilient, this valuation serves as a benchmark for similar properties in the area, reinforcing Bukit Merah's status as a premium choice for residential living.