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 or $995 PSF, reflects the current dynamics of the Singapore housing market, characterized by a modest 1.8% difference from the baseline market price. This stability in valuation suggests a resilient demand for HDB properties in this well-established precinct, known for its strategic location and accessibility to amenities. With a remaining lease of 89 years, this unit stands to benefit from a favorable perception among buyers, who often prioritize longevity in leasehold properties.

The model confidence is categorized as medium, indicating a reasonable degree of reliability based on the analysis of 8 recent HDB resale transactions in the vicinity. This dataset illustrates a consistent trend in pricing, reinforcing the attractiveness of Bukit Merah as a desirable residential area. Moreover, the slight upward movement in valuation, despite broader market fluctuations, is indicative of the unique characteristics that this locality offers, such as proximity to public transport, schools, and recreational facilities, which continue to drive buyer interest and investment potential.