5 Room (5I) HDB for Sale in 113 Depot Road

The valuation of the HDB 5 Room unit in Bukit Merah, set at an estimated value of $501,616, presents a compelling case for prospective buyers and investors alike. With a price per square foot (PSF) of $398, this property commands a significant premium in the current market, reflecting a robust 59.3% difference from the baseline valuation. Such a notable deviation suggests strong demand for housing in this increasingly popular district, which is characterized by its proximity to key amenities and transport links.

With a remaining lease of 49 years, this property effectively balances the allure of urban living with the practical considerations of long-term investment. The model's medium confidence level indicates that while the data is derived from 12 recent HDB resale transactions in the area, market fluctuations and economic factors should still be monitored closely. Buyers are encouraged to weigh these dynamics carefully as they navigate the competitive landscape of Singapore's real estate market.