5 Room (5STD) HDB for Sale in 140 Jalan Bukit Merah

The HDB 5 Room property located in Bukit Merah has been appraised at an estimated value of $812,228, translating to a price per square foot (PSF) of $634. This valuation is particularly noteworthy given the remaining lease of 75 years, which positions the property within a competitive segment of the market, appealing to families and individuals seeking long-term residency in one of Singapore's iconic neighborhoods.

Current market dynamics suggest a slight upward trend, as evidenced by a 4.5% deviation from the baseline price. However, it is important to note that the model confidence is rated as low, indicating that potential buyers should approach with caution. This valuation is supported by three recent HDB resale transactions in the vicinity, suggesting that while there is a basis for this estimate, fluctuations in market sentiment could impact future valuations.

• Property Type: HDB 5 Room
• Location: Bukit Merah
• Remaining Lease: 75 years
• Estimated Value: $812,228
• Price PSF: $634
• Market Price Difference: 4.5% from baseline
• Model Confidence: Low
• Recent Transactions: 3