4 Room (4A) HDB for Sale in 103A Depot Road

The HDB 4-room property in Bukit Merah, with a remaining lease of 72 years, is currently valued at approximately $737,935, translating to a price per square foot (PSF) of $762. This valuation positions the property significantly above the market baseline, reflecting a notable premium of 15.2%. Such a deviation from the market norm indicates a strong demand for residential properties in this well-established district, which is characterized by its proximity to key amenities and urban infrastructure.

However, it is essential to approach this valuation with caution, as it is derived from a limited dataset, specifically based on only one recent HDB resale transaction in the vicinity. The model confidence is rated as low, suggesting that the market dynamics may be influenced by unique local factors or transient buyer sentiment rather than a robust trend. Investors and potential buyers should consider the implications of the remaining lease duration as well; while 72 years can still be considered viable for many prospective homeowners, it may impact long-term investment value as the lease approaches its final term.