Studio Corner Terrace (Landed) for Rent in 63 Wishart Road

The HDB 2-room property in Bukit Merah, with a remaining lease of 75 years, has been appraised at an estimated value of $197,715, translating to a price per square foot (PSF) of $659. This valuation is reflective of the current market dynamics, as it aligns precisely with the baseline market price, indicating a 0% differential. Such a stable pricing structure signals a robust demand for HDB properties in this sought-after district, characterized by its strategic location and accessibility to urban amenities.

Our analysis is bolstered by a substantial dataset, drawing insights from 58 recent HDB resale transactions in the vicinity. The high model confidence associated with this valuation underscores the reliability of the data, suggesting that the market for HDB units in Bukit Merah remains resilient. The 75-year remaining lease further enhances the property's appeal, offering prospective buyers a substantial period before leasehold concerns arise. As the real estate landscape evolves, this property stands as a testament to the enduring value of HDB living in Singapore's competitive market.