4 Bed Bungalow (Landed) for Sale in Coral Island

This HDB 4-room property located in the highly sought-after Bukit Merah area demonstrates a remarkable valuation of $7,667,924, equating to $935 PSF. With a remaining lease of 80 years, this property not only benefits from its strategic location but also from the inherent demand for HDB flats in this vibrant urban setting. The valuation reflects a significant market signal, indicating an impressive 69.5% difference from the baseline, suggesting that buyers are willing to pay a premium for units that offer both quality and longevity in their leasehold tenure.

The model confidence for this valuation is classified as high, drawing insights from an extensive analysis of 500 recent HDB resale transactions in the vicinity. This robust dataset underpins the valuation's credibility, revealing a strong market sentiment that favors properties with extended leases and desirable amenities. As the landscape of HDB ownership evolves, this case exemplifies the increasing premium attributed to properties in prime locations like Bukit Merah, where urban revitalization and accessibility further enhance their attractiveness. Investors and homeowners alike should take note of these dynamics as they navigate the competitive Singapore real estate market.