4-Room HDB for Room Rent: 112B Depot Road

The valuation of the HDB 4-room unit in Bukit Merah, with a remaining lease of 76 years, presents a compelling case for potential homeowners and investors alike. With an estimated value of $85,076, translating to a price per square foot (PSF) of $773, this property sits at a market price that reflects a stable equilibrium, showing no deviation from the baseline. This zero percent difference indicates a balanced demand-supply scenario in the current market conditions, suggesting that the property is well-positioned within its locality.

However, it is crucial to note that the model confidence for this valuation is rated as low, highlighting a degree of uncertainty influenced by the limited dataset available—specifically, the analysis is based on only three recent HDB resale transactions in the vicinity. Such a small sample size may not fully encapsulate the broader market dynamics or account for potential fluctuations in buyer sentiment and overall economic conditions. Given the remaining lease of 76 years, this property may appeal to buyers seeking a long-term residence in a highly sought-after area, but caution is advised due to the low confidence in the valuation model.