4 Room (4A) HDB for Rent in 111B Depot Road

The valuation of the HDB 4-room unit located in Bukit Merah, currently estimated at $1,028,037 or $955 PSF, reflects a robust market positioning with a remaining lease of 77 years. This valuation is underpinned by a comprehensive analysis of 156 recent HDB resale transactions in the vicinity, providing a solid foundation for the accuracy of the estimated value. The model confidence level is rated as high, indicating a strong correlation between the assessed valuation and prevailing market conditions.

Notably, the market signal shows a 0% difference from the baseline, suggesting that the property is priced in alignment with current market trends. This equilibrium indicates that it is neither undervalued nor overvalued, which is a promising signal for potential buyers. The Bukit Merah area, known for its strategic location and accessibility, continues to attract interest, reinforcing the stability of the HDB market within this locality. As leasehold properties age, the remaining lease period becomes increasingly significant, and with 77 years remaining, this unit is well-positioned to appeal to a diverse range of buyers seeking a long-term investment in a desirable neighborhood.