3 Room (3STD) HDB for Rent in 107 Jalan Bukit Merah

The valuation of the HDB 3-room unit located in Bukit Merah presents an estimated value of $273,475, equating to $353 per square foot. With a remaining lease of 42 years, this property is positioned within a market that reflects stability, as evidenced by a market price that shows a 0% difference from the baseline. This suggests that the current valuation aligns closely with recent market trends, indicating a balanced demand and supply scenario in the vicinity.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily based on the analysis of only seven recent HDB resale transactions in the area. This limited data pool may introduce variability and potential fluctuations in the valuation accuracy. As the property market in Bukit Merah continues to evolve, factors such as changing demographics, urban development projects, and shifts in buyer preferences will likely influence future valuations and market dynamics. Investors and homeowners should remain vigilant and consider these elements when evaluating the potential of this HDB unit.