1 Room HDB for Rent in 22 Dover Crescent

The valuation of the HDB 1 Room unit in Bukit Merah, with a remaining lease of 48 years, stands at an estimated value of $272,037, translating to a price per square foot (PSF) of $544. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable demand in the segment. The model confidence is categorized as medium, suggesting that while the data is reliable, slight fluctuations in the market could affect the accuracy of this valuation.

Analyzing the recent resale transactions, which encompass 19 comparable units in the vicinity, it is evident that the Bukit Merah area continues to attract interest from homebuyers due to its strategic location and amenities. The stability in market pricing, evidenced by the 0% difference from the baseline, signals a balanced environment where supply meets demand effectively. As the remaining lease of 48 years may appeal to both investors and owner-occupiers, this unit holds potential as a viable long-term asset within Singapore’s evolving property landscape.