2 Jalan Bukit Merah 150002, Alexandra Hill, Central Region, Singapore
$2,200 /month









** Super rare dual key studio hotel style NEW renovation, fully furnished one bedroom studio - 3 studios to choose** * Own entrance, not sharing with landlord, landlord not living in the premise, private space, can cook * * Suitable for a single person, couple * Add: 2 Jalan Bukit Merah Singapore 150002 Superb location, near town, ABC food centre, queensway shopping centre - About the home: Similar to hotel setting, but at a much cheaper rate. Complete privacy with this studio apartment, own entrance - Own kitchen, own toilet, fridge, washing machine, dryer, induction cooker, - Available: Immediate - Aircon: fully aircon - Level: #02 - Includes wifi - Include utilities cap at $50 per month ** Photos shown without furniture, we will buy new beds, table and chair according to your needs ** Please provide the information: Name: Number of occupiers: Relationship of occupiers: Occupation: How long is the lease: Video available, call now! 1 2 4 6 7 8 11 16 18 21 22 23 24 33 34 36 37 38 40 45 46 48 53 61 66 67 77 78 83 86 88 92 94 95 108 109 112 119 124 125 126 127 128 136 147 148 149 150 154 161 162 163 164 165 166 201 211 226 233 247 301 302 326 338 344 350 351 352 353 354 415 462 463 498 509 510 532 537 539 603 632 721 742 744 824 844 848 Bukit Merah (Bt Merah) Central View Havelock Road Telok Blangah Heights Rise Crescent Beo Crescent Tiong Bahru Kim Tian Silat Ave Jalan Bukit Ho Swee Redhill Parklane Indus Road Balestier Road Clementi Jalan Rumah Tinggi Jurong East West Bedok North South Reservoir Sims Drive Geylang Kallang Bahru Ang Mo Kio Toa Payoh Teban Pandan Gardens Bishan Upper Boon Keng Jurong Gateway Yishun Woodlands Hougang Lor Liew Lian New Upper Changi Road Teck Whye Lane Tampines Geylang Sims Ave Ubi Owen Road Little India Circuit Road Serangoon North Ghim Moh Holland Road Drive Close Kim Keat Jalan Batu Aljunied Crescent St George Saint George Marsiling Bukit Batok Lavender Street Marine Parade Sin Ming
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3011024B
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$94,251
S$428 psf
Asking Price
S$2,200
S$10 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
40 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
1 comps
Nearest MRT
Queenstown
858m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$735
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.571
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$428
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2024 | Blk 2 JLN BT HO SWEE Floor 07 TO 09 | 366sqft | S$269,000 | ▲S$735 +71.7% vs FV | 99yr from 1971 |
Apr 2024 | Blk 2 JLN BT HO SWEE Floor 07 TO 09 | 366sqft | S$269,000 | ▲S$735 +71.7% vs FV | 99yr from 1971 |
Blk 2 JLN BT HO SWEE
Apr 2024 · Floor 07 TO 09
+71.7% vs FV
Blk 2 JLN BT HO SWEE
Apr 2024 · Floor 07 TO 09
+71.7% vs FV
HELIOS AI Analysis
The valuation of the HDB 2-room unit in Bukit Merah, with a remaining lease of 40 years, presents a nuanced perspective on the current market dynamics for public housing in Singapore. Estimated at $94,251, translating to $428 per square foot, this valuation aligns precisely with the baseline market price, indicating a stable yet cautious sentiment among potential buyers and sellers. The absence of price fluctuations suggests a balanced market condition, where demand and supply are currently hitting an equilibrium.
However, it is essential to note the low model confidence associated with this valuation, which draws from only one recent HDB resale transaction in the vicinity. Such a limited data set raises questions about the robustness and reliability of the estimated value, especially given the complexities of Singapore's real estate landscape. As the remaining lease diminishes, prospective buyers may exhibit increasing sensitivity to leasehold duration, which could impact future resale values. Therefore, while this property holds a stable valuation in the immediate market context, its long-term investment potential should be approached with caution, considering the broader trends affecting older HDB units.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.