4 Room (4A) HDB for Sale in 112B Depot Road

The valuation of the HDB 4 Room unit located in Bukit Merah, with a remaining lease of 76 years, stands at an estimated value of $748,668, translating to $773 PSF. This valuation is indicative of a robust property market dynamic in the vicinity, as it is currently positioned above the market baseline by 5.5%. Such a premium suggests a heightened demand for HDB properties in this region, which may be driven by the area's strategic location and proximity to key amenities.

However, it is essential to note that the model confidence for this valuation is assessed as low, reflecting potential volatility in the market. The valuation is derived from the analysis of three recent HDB resale transactions in the area, which may not fully capture the broader market trends. Buyers and investors should consider the implications of the remaining lease, as HDB properties with shorter leases often experience a decline in value, particularly as they approach the 60-year mark. Therefore, while the current valuation signals a strong market performance, stakeholders should proceed with caution and conduct thorough due diligence.