3 Bed Bungalow (Landed) for Rent in Ocean Drive

The HDB 4 Room property located in Bukit Merah, with a remaining lease of 75 years, showcases a robust market valuation of $6,691,864, translating to a competitive $934 PSF. This valuation is highly indicative of the current demand dynamics and the desirability of the Bukit Merah area, known for its strategic location and accessibility to key amenities. The estimated value reflects a market price that is consistent, showing a 0% difference from the baseline, which further underscores the stability of the property market in this region.

Our analysis, based on a comprehensive review of 500 recent HDB resale transactions in the vicinity, reveals a high model confidence level, reinforcing the accuracy of this valuation. The sustained interest in HDB flats within Bukit Merah can be attributed to its proximity to urban centers and well-established infrastructure. As leasehold properties age, the remaining lease becomes a critical factor for buyers and investors; however, with 75 years remaining, this HDB unit presents a compelling investment opportunity, balancing long-term value retention with immediate market attractiveness.