3 Room (3A) HDB for Sale in 105A Depot Road

The valuation of the HDB 3 Room unit in Bukit Merah, estimated at $717,357 with a price per square foot of $995, reflects a nuanced understanding of the local property dynamics and the longevity of the leasehold. With a remaining lease of 89 years, this property not only offers a substantial duration for potential homeowners but also aligns well with the market's demand for long-lease HDB units, which tend to appreciate in value over time. The valuation is underpinned by a thorough analysis of 8 recent HDB resale transactions in the vicinity, providing a reliable benchmark for market performance.

The current market signal indicates a 1.8% difference from the baseline, suggesting a stable demand within the Bukit Merah locale. This slight variance highlights the resilience of the local HDB market amidst broader economic fluctuations and reflects a balanced sentiment among buyers and sellers alike. Furthermore, the medium confidence level in this valuation underscores the need for ongoing monitoring of market trends and transaction activities, ensuring that stakeholders remain well-informed and strategically positioned to capitalize on opportunities within this vibrant property landscape.