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

The HDB 3-room flat located in Bukit Merah presents an estimated valuation of $485,606, translating to a price per square foot (PSF) of $618. This valuation is anchored by a remaining lease of 50 years, indicating a moderate yet stable investment horizon for prospective buyers. The property’s estimated value reflects a market signal that is currently aligned with the baseline, exhibiting a 0% difference from the prevailing market prices in the area.

Our analysis is bolstered by data drawn from 8 recent HDB resale transactions in the vicinity, which provides a reliable comparative framework for assessing market dynamics. The model confidence rating of Medium suggests a balanced level of certainty regarding the valuation, influenced by both the lease duration and the general demand for HDB properties in Bukit Merah. As the real estate landscape evolves, the interplay between lease tenure and market demand will continue to play a pivotal role in shaping property values, making this flat a noteworthy consideration for discerning investors seeking to capitalize on Singapore's dynamic housing market.