4 Room (4A) HDB for Sale in 104A Depot Road

The valuation of the HDB 4-room unit located in Bukit Merah, with a remaining lease of 71 years, stands at an estimated value of $971,707 or $903 PSF. This valuation reflects a robust demand within the HDB market, particularly in this sought-after locality, which benefits from its proximity to key urban amenities and transport links. A detailed analysis of 500 recent HDB resale transactions in the vicinity underpins our evaluation, showcasing a strong market sentiment and a favorable positioning for this property.

Notably, the market signal indicates a Good Deal, with a significant 20.8% difference from the baseline. This premium positioning is indicative of the current dynamics at play in the Bukit Merah area, where demand continues to outstrip supply, contributing to a competitive market landscape. The high model confidence associated with this valuation further reinforces the attractiveness of this listing, making it a compelling opportunity for prospective buyers looking to invest in a stable and appreciating asset within Singapore's vibrant real estate market.