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

The valuation of the 5-room HDB unit in Bukit Merah, with a remaining lease of 51 years, stands at an estimated value of $534,990, translating to a price per square foot (PSF) of $440. This valuation reflects a market price that is in line with the baseline, indicating stable demand in the area despite the low model confidence. The proximity to key amenities and transport options in Bukit Merah continues to attract buyers, although the limited remaining lease could impact long-term investment appeal.

Analysing recent resale transactions in the vicinity, the valuation is supported by three comparable sales, which suggest a consistent pricing trend in the Bukit Merah HDB market. However, the low model confidence signals potential volatility influenced by external factors such as economic conditions and housing policy changes. As the market evolves, prospective buyers should consider the implications of the remaining lease on future resale opportunities and the overall desirability of the HDB unit.