3 Room (3I) HDB for Rent in 130 Bukit Merah View

The valuation of the HDB 3-room unit in Bukit Merah, with a remaining lease of 46 years, stands at an estimated value of $289,527, translating to a price per square foot of $414. This assessment reflects the current market dynamics, showing a market price that has remained stable with a 0% difference from the baseline. Such stability may suggest a balanced demand and supply situation in the Bukit Merah area, which is characterized by its strategic location and accessibility.

However, it is important to note the low model confidence associated with this valuation. The analysis is based on only four recent HDB resale transactions in the vicinity, which may not fully capture the breadth of market activity or evolving buyer sentiment. As the remaining lease diminishes over time, potential buyers may exhibit heightened sensitivity to the property's lease duration, impacting future resale opportunities. In light of these factors, stakeholders are advised to monitor market trends closely, particularly in relation to leasehold properties, as they navigate the complexities of the current real estate landscape.