Studio Townhouse (Landed) for Rent in 63 Wishart Road

The valuation of the HDB 2-room unit in Bukit Merah, with a remaining lease of 75 years, has been estimated at $165,093, which translates to a price per square foot of $660. This valuation reflects a market price that shows no deviation from the established baseline, indicating a stable and balanced demand within the region. The model confidence for this valuation is rated as high, bolstered by a comprehensive analysis of 58 recent HDB resale transactions within the vicinity, which provides a robust dataset for comparative assessment.

In the context of Singapore's dynamic real estate landscape, properties within the Bukit Merah area are particularly sought after due to their strategic location and accessibility to key amenities. The remaining lease of 75 years positions this unit favorably in the market, as it offers potential buyers ample time for occupancy or investment before lease expiry concerns come into play. Given the current stability in market pricing, this HDB unit is well-positioned to attract discerning buyers looking for a blend of affordability and potential appreciation in value as the urban landscape continues to evolve.