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

In the vibrant precinct of Bukit Merah, the valuation of a 4-room HDB unit reveals a noteworthy estimated value of $85,741, translating to $779 PSF. With a remaining lease of 76 years, this property stands as a compelling option for both first-time buyers and seasoned investors alike. The current valuation indicates a market price that remains stable with a 0% difference from the baseline, suggesting a equilibrium in demand and supply dynamics in this highly sought-after area.

However, it is essential to note that the model confidence for this valuation is categorized as low. This reflects potential volatility in the market, which has been influenced by a combination of macroeconomic factors and local trends. The analysis is informed by four recent HDB resale transactions in the vicinity, providing a snapshot of current market activity. Investors and homeowners should exercise caution and conduct further due diligence, especially considering the implications of the remaining lease on future resale value and market performance in the years to come.