5 Room (5I) HDB for Sale in 104B Depot Road

In the current property landscape of Singapore, the HDB 5-room unit in Bukit Merah presents an intriguing valuation at an estimated value of $876,057, translating to $708 per square foot. With a remaining lease of 71 years, this property is positioned within a competitive market context, exhibiting a modest 2.7% difference from baseline pricing. This slight deviation indicates a stable demand for HDB units in the area, suggesting that buyers are willing to engage at this price point despite the inherent considerations of the remaining lease duration.

The valuation confidence, however, is categorized as low, which reflects potential volatility in market dynamics. The assessment is based on four recent HDB resale transactions in the vicinity, which may not fully encapsulate broader market trends. As such, stakeholders must approach this valuation with caution, considering external economic factors and evolving buyer preferences that could influence future market movements. The interplay between the remaining lease and the surrounding transaction landscape remains critical in determining the long-term value trajectory of this asset.