3 Room (3NG) HDB for Rent in 161 Bukit Merah Central

The HDB 3-room property located in Bukit Merah has been appraised with an estimated value of $669,231, translating to a price per square foot (PSF) of $759. With a remaining lease of 75 years, this property presents a compelling opportunity in one of Singapore's well-established residential precincts. The valuation reflects a stable position within the market, indicating a 0% difference from the baseline, which suggests that the property is currently aligned with prevailing market trends.

Our analysis is supported by a robust dataset, incorporating insights from 499 recent HDB resale transactions in the vicinity. Given the model's high confidence level, it underscores the resilience of the Bukit Merah location amidst the broader market fluctuations. The sustained demand for HDB properties in this area, combined with the favorable lease duration, positions this asset as an attractive prospect for both homeowners and investors seeking long-term capital appreciation. As urban living continues to evolve, properties with substantial remaining leases are likely to maintain their desirability, further enhancing their intrinsic value in the competitive Singapore real estate landscape.