3 Room (3A) HDB for Sale in 105A Depot Road

In the competitive landscape of Singapore's real estate market, the valuation of the HDB 3 Room unit in Bukit Merah, with an estimated value of $480,999, presents a compelling case for both investors and homeowners alike. With a remaining lease of 49 years, the property is positioned strategically within a district that is experiencing notable demand. The valuation translates to a price per square foot (PSF) of $667, which is approximately 45.5% above the baseline market value, indicating strong market signals that suggest heightened buyer interest and potential for future appreciation.

The model confidence rating of medium, based on an analysis of 9 recent HDB resale transactions in the vicinity, underscores the need for cautious optimism. While the significant premium over baseline prices reflects current market dynamics driven by demand for housing in established neighborhoods, prospective buyers should consider the implications of the remaining lease period on long-term investment value. As leasehold properties approach their end, buyer sentiment may shift, impacting future resale potential. Thus, while this Bukit Merah unit exhibits robust market appeal, it is essential for stakeholders to remain attuned to the evolving real estate landscape and its implications on valuation.