Studio Townhouse (Landed) for Rent around Pasir Panjang Road

In the current real estate landscape of Singapore, the valuation of the HDB 2 Room unit located in Bukit Merah stands at an estimated value of $258,408, translating to a price per square foot (PSF) of $646. This valuation is indicative of a stable market condition, with a market price reflecting a 0% difference from the baseline. Such stability suggests a balanced demand and supply scenario in the Bukit Merah area, reinforcing the unit's intrinsic value within this vibrant residential precinct.

The remaining lease of 75 years plays a crucial role in the property's valuation, as it provides prospective buyers with a significant tenure that enhances the emotional and financial appeal of the asset. The model confidence for this valuation is rated high, supported by a robust analysis derived from 59 recent HDB resale transactions in the vicinity. This data-driven approach underscores the reliability of our valuation and signals a continued interest in HDB properties in Bukit Merah, where community amenities and accessibility remain key drivers of demand.