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

The valuation of the HDB 3 Room unit in Bukit Merah, estimated at $721,499, reflects a price per square foot (PSF) of $1,001, which is indicative of the area's ongoing demand and desirability. With a remaining lease of 89 years, this property retains a significant tenure, appealing to both owner-occupiers and investors who prioritize long-term value retention in the residential market. The valuation is based on a comprehensive analysis of 9 recent HDB resale transactions in the vicinity, which reveals a stable market environment, evidenced by a mere 1.2% deviation from the baseline price.

Market signals suggest that the Bukit Merah district continues to attract interest due to its strategic location and community amenities, contributing to the robust pricing observed in this segment. The medium confidence level of this model indicates a balanced outlook, as the local market dynamics are influenced by factors such as proximity to public transport, schools, and lifestyle amenities. As the HDB market remains resilient, properties like this 3 Room unit present opportunities for discerning buyers looking to capitalize on both immediate and long-term investment potential.