4-Room HDB for Room Rent: 109A Depot Road

In the vibrant precinct of Bukit Merah, the valuation of this HDB 4 Room unit reflects the current market dynamics with an estimated value of $85,710 or $952 PSF. With a remaining lease of 77 years, this property sits within a competitive landscape, evidenced by a robust model confidence rating of High. The valuation is particularly noteworthy as it aligns perfectly with the market price baseline, indicating a 0% difference and suggesting a balanced supply-demand scenario in the locality.

This assessment is grounded in a comprehensive analysis of 158 recent HDB resale transactions in the vicinity, highlighting the sustained interest and resilience of the Bukit Merah market. The consistent pricing reflects the area's desirability, driven by its strategic location and accessibility. As the property market continues to evolve, the lease duration remains a critical factor influencing buyer sentiment and investment strategies, with properties that boast longer leases often commanding a premium. In summary, this HDB unit represents a sound investment opportunity, underpinned by solid market fundamentals and an attractive lease tenure.