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

The valuation of the HDB 4-room unit located in Bukit Merah reflects a calculated estimated value of $85,741, equating to a price per square foot (PSF) of $779. This valuation is indicative of a stable market, as it exhibits a 0% difference from the baseline market price. With a remaining lease of 76 years, the property stands in a favorable position within the long-term tenure spectrum, appealing to both owner-occupiers and investors looking for sustainable returns.

However, it is essential to note that the model confidence associated with this valuation is classified as low, primarily due to the limited dataset from which it is derived—specifically, only four recent HDB resale transactions in the vicinity. This scarcity of comparable sales can lead to greater variability in pricing, suggesting that the market dynamics in Bukit Merah may exhibit fluctuations influenced by broader economic factors and demand trends. Investors and potential buyers should consider these nuances while evaluating the property, as they may affect liquidity and future resale potential in this vibrant urban enclave.