5 Room (5I) HDB for Rent in 140 Jalan Bukit Merah

The valuation of the HDB 5 Room unit in Bukit Merah, with a remaining lease of 51 years, stands at an estimated value of $563,147, translating to a price per square foot (PSF) of $440. This valuation is particularly significant in the context of the current market dynamics, as it reflects a stable market signal with a 0% difference from the established baseline price. Such consistency in pricing illustrates a balanced supply-demand relationship in this sought-after residential area.

However, it is essential to note that the model confidence for this valuation is categorized as low, indicative of potential market fluctuations and the inherent uncertainties associated with HDB properties nearing the midpoint of their lease. The valuation is informed by three recent HDB resale transactions in the vicinity, suggesting that while the immediate market conditions appear stable, the longevity of the property's lease could impact future resale prospects. The Bukit Merah locale remains attractive due to its strategic location and community amenities, yet prospective buyers should weigh the implications of the remaining lease on their investment horizon.