4-Room HDB for Room Rent: 112B 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 $85,076, translating to $773 per square foot. This figure indicates a stable market position, as the current market price reflects a 0% difference from the baseline. Such stability suggests that the property is in line with the prevailing market conditions, underscoring the consistent demand for HDB units in this desirable locality.

However, it is important to note that the model confidence for this valuation is categorized as low, which may be indicative of fluctuations in buyer sentiment or external economic factors that could influence future resale opportunities. The valuation is derived from a comparative analysis of three recent HDB resale transactions in the vicinity, which, while providing a snapshot of market activity, may not fully encapsulate the broader dynamics at play in the Bukit Merah area. As such, potential buyers and investors should remain vigilant regarding market trends and leasehold implications, especially given the significance of remaining lease duration in the valuation of HDB properties.