5 Room (5A) HDB for Rent in 112B Depot Road

The valuation of the HDB 5-room unit in Bukit Merah, with an estimated value of $876,301, reflects a price per square foot (PSF) of $702. This valuation is significant given the remaining lease of 76 years, which provides potential buyers with a substantial duration for ownership and investment. The area of Bukit Merah is known for its strategic location and accessibility, factors that contribute to its desirability in the HDB market.

Analyzing the current market signal, we note that the estimated value shows a 0% difference from the baseline, indicating stability in pricing relative to similar recent transactions in the vicinity. However, the model confidence is classified as low, suggesting that the valuation may be subject to fluctuations based on market dynamics and buyer sentiment. This valuation is supported by data from four recent HDB resale transactions in the area, which should be considered in the context of broader market trends and economic factors impacting the real estate landscape in Singapore.