Common Room (HDB) for Rent in 35 Telok Blangah Rise

The HDB 4 Room unit in Bukit Merah, with a remaining lease of 75 years, has been appraised at an estimated value of $101,902, which translates to a price per square foot (PSF) of $952. This valuation is notably positioned at a market price reflecting a 0% difference from the baseline, indicating equilibrium in the current market dynamics. Such stability is indicative of a resilient demand for HDB properties in this locale, driven by Bukit Merah's strategic location and comprehensive amenities.

Our analysis is grounded in a robust dataset comprising 500 recent HDB resale transactions in the vicinity, which reinforces our model's high confidence in this valuation. The enduring lease period of 75 years further enhances the attractiveness of this property, appealing to both owner-occupiers and investors looking for long-term value retention. As the market evolves, the sustainability of such valuations will depend on ongoing demand, economic factors, and the overall health of the real estate market in Singapore, particularly in well-established residential precincts like Bukit Merah.