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

The valuation of the HDB 4 Room property in Bukit Merah, with a remaining lease of 71 years, stands at an estimated value of $756,629, translating to a price per square foot (PSF) of $703. This valuation reflects a modest 1.8% deviation from the baseline market price, indicating a stable yet competitive market environment for HDB properties in this sought-after precinct. The Bukit Merah area, known for its strategic location and robust community amenities, continues to attract prospective buyers, although fluctuations in demand and supply dynamics may impact transaction values.

It is important to note that the model confidence for this valuation is classified as low, based on insights drawn from just four recent HDB resale transactions in the vicinity. This limited dataset suggests that while there is an underlying demand for properties in Bukit Merah, market sentiments can be volatile. As such, potential buyers and investors should consider not only the current valuation but also the broader economic indicators and local market trends that may influence future resale values. The remaining lease period of 71 years offers a balance between affordability and long-term investment potential, making this property an intriguing option for families and investors alike.