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

The valuation of the 4-room HDB unit in Bukit Merah, estimated at $85,076 or $773 PSF, reveals critical insights into the current market dynamics in this sought-after locality. With a remaining lease of 76 years, this property is positioned within a stable segment of the HDB market, reflecting a zero percent difference from the baseline market price. Such stability suggests a balanced demand and supply scenario, where buyer sentiment remains cautious but measured, particularly given the low model confidence associated with this valuation.

Furthermore, the valuation is informed by three recent HDB resale transactions in the vicinity, indicating that while the market is showing resilience, the low confidence score may warrant a closer examination of the unique characteristics of each unit and their respective transaction histories. As properties in Bukit Merah continue to attract interest due to their prime location and community amenities, prospective buyers should consider both the longevity of the lease and the broader market conditions that may influence future value appreciation.