3 Room (3NG) HDB for Sale in 55 Telok Blangah Drive

The HDB 3 Room property in Bukit Merah, with a remaining lease of 50 years, presents a compelling valuation at an estimated price of $484,989, translating to a price per square foot (PSF) of $618. This figure indicates a notable positioning above the established market baseline, reflecting a 7.2% premium that underscores the desirability of this location. The Bukit Merah area is characterized by its strategic proximity to key urban amenities and transport networks, which significantly enhances the appeal of this HDB unit, especially for young families and professionals seeking a vibrant community lifestyle.

Despite the medium confidence level in the valuation model, derived from an analysis of 8 recent HDB resale transactions in the vicinity, the data suggests a robust demand for properties within this enclave. The premium pricing signals an ongoing trend where buyers are willing to invest in units that offer both potential for appreciation and access to well-established infrastructure. As the property market in Singapore continues to evolve, this HDB unit stands as a testament to the enduring value of well-located residential offerings, particularly in areas that balance urban convenience with community spirit.