3 Bed Bungalow (Landed) for Sale in Teresa Villas

The valuation of the HDB 4 Room unit located in Bukit Merah, with a remaining lease of 84 years, stands at an estimated value of $3,670,169, translating to $933 per square foot. This valuation is notably positioned above the market average, with a significant 417.7% difference from the baseline. Such a premium valuation indicates robust demand within this desirable locale, driven by various factors including proximity to key amenities, excellent transport links, and a vibrant community atmosphere.

Recent market analysis, based on 500 HDB resale transactions in the vicinity, has yielded a high confidence level in this valuation model. The flourishing real estate activity in Bukit Merah correlates with the sustained interest in properties with longer remaining leases, which typically command higher prices due to their perceived value retention. The healthy market dynamics suggest that buyers are willing to invest significantly in well-located HDB units, underscoring the ongoing trend of premium pricing in Singapore's public housing sector.