1 Bed Semi-Detached House (Landed) for Rent in Hong Leong Garden

The valuation of the HDB 4-room unit in Bukit Merah, estimated at $174,927 or $700 PSF, reflects a robust alignment with current market conditions, demonstrating a 0% deviation from the baseline. This stability in pricing is indicative of a resilient demand for HDB properties in this sought-after region. With a remaining lease of 54 years, the property remains attractive to both buyers and investors looking for long-term tenure, despite the diminishing lease period.

Our analysis, grounded in data from 500 recent HDB resale transactions in the vicinity, showcases a high model confidence level, affirming the reliability of this valuation. The Bukit Merah area, characterized by its strategic location and established amenities, continues to be a focal point for potential homeowners seeking both lifestyle and investment opportunities. As market dynamics evolve, this valuation underscores the importance of understanding leasehold implications, which play a critical role in shaping buyer sentiment and pricing strategies in Singapore's competitive real estate landscape.