3 Room (3I) HDB for Sale in 107 Jalan Bukit Merah

The HDB 3-room property located in Bukit Merah, with a remaining lease of 42 years, presents a compelling valuation of approximately $236,947, translating to $349 per square foot. This estimated value is notably positioned above the prevailing market conditions, exhibiting a striking 51.9% differential from the baseline valuation. Such a premium suggests that this property may appeal to buyers seeking long-term investment prospects in a location known for its vibrant community and accessibility.

However, it is crucial to note that the model confidence for this valuation is categorized as low, indicating potential volatility in market dynamics. This assessment is supported by recent transactional data, derived from seven HDB resale transactions in the vicinity, which may reflect broader market trends and local buyer sentiment. As the remaining lease period is a significant factor in HDB valuations, prospective buyers should carefully consider the implications of lease longevity on future resale potential and overall investment viability in this sought-after area.