4 Room (4I) HDB for Rent in 103B Depot Road

The valuation of the HDB 4 Room property in Bukit Merah, with a remaining lease of 49 years, stands at an estimated value of $451,793, equating to $420 PSF. This valuation reflects a market price that is 0% different from the baseline, indicating a stable pricing environment in the current real estate landscape. The model confidence is rated as high, bolstered by an analysis of 38 recent HDB resale transactions within the vicinity, which provides a robust data set to support this valuation.

In the context of Singapore's dynamic property market, the remaining lease of 49 years is a critical factor influencing buyer sentiment and investment potential. Generally, properties with shorter leases tend to experience a decline in demand and value; however, Bukit Merah remains a sought-after location due to its strategic positioning and community amenities. As such, this HDB unit exemplifies a balanced investment opportunity, reflecting both the resilience of the Bukit Merah market and the ongoing appeal of HDB living in Singapore.