111b Depot Road 102111, Depot Road, Central Region, Singapore
$920,000
This flat is a 5 Rooms HDB for sale with 2 Baths in 111B Depot Road, a stunning HDB Resale Flat in Singapore. Key features ✓ Well-maintained and renovated condition ✓ Functional layout ✓ Spacious layout ✓ Bright and airy ✓ Windy ✓ Quiet and peaceful facing ✓ City view ✓ Good size balcony ✓ Excellent location Searching for a property in Singapore? Look no further than this stunning HDB for Sale in Bukit Merah. Located in Bukit Merah HDB Estate, this development is part of District 4. Completed in 2004, Depot Heights is a 99 year leasehold HDB Development with a total of 418 units. It has a total of 25 floors and is one of 24 HDB Blocks on Depot Road. If you are looking for a property in the Bukit Merah, this is might be the perfect unit for you! Nearby amenities ⭑ Nearby Bus stops • Blk 109B (94 m) - 2 mins walk • After Hewlett Packard (141 m) - 2 mins walk • Blk 114 (189 m) - 3 mins walk • 6 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • FairPrice Depot Heights Shopping Centre (169 m) - 3 mins walk • FairPrice - Depot (204 m) - 3 mins walk • 8 grocery stores within 1 km ⭑ Nearby Schools • North London Collegiate School (Singapore) (128 m) - 2 mins walk • Zion Kids (184 m) - 3 mins walk • ISS International School (309 m) - 5 mins walk • 5 more schools within 1 km ⭑ Nearby Parks • Southern Ridges (264 m) - 4 mins walk • Terrace Garden (345 m) - 5 mins walk • Telok Blangah Hill Park (357 m) - 5 mins walk • 6 more parks within 1 km Please call Marc PsManiam from 99.co @ +659630XXXX to arrange for a viewing.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 4 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$960,532
S$770 psf
Asking Price
S$920,000
S$737 psf
vs Market
-4.2%
vs Last Done
-0.8%
Tenure
77 yrs
99-year Leasehold · Balance remaining
Confidence
Low
4 comps
Nearest MRT
Telok Blangah
1173m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
4 comparable transactions
S$733
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$770
Recent Comparable Transactions
4 shown · 4 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneDec 2024 | Blk 111B DEPOT RD Floor 25 TO 27 | 1,249sqft | S$928,000 | ▼S$743 -3.5% vs FV | 99yr from 2006 |
Dec 2024 | Blk 111B DEPOT RD Floor 25 TO 27 | 1,249sqft | S$928,000 | ▼S$743 -3.5% vs FV | 99yr from 2006 |
Sep 2024 | Blk 111B DEPOT RD Floor 16 TO 18 | 1,249sqft | S$905,000 | ▼S$725 -5.8% vs FV | 99yr from 2006 |
Aug 2024 | Blk 111B DEPOT RD Floor 16 TO 18 | 1,249sqft | S$918,000 | ▼S$735 -4.5% vs FV | 99yr from 2006 |
Jun 2024 | Blk 111B DEPOT RD Floor 19 TO 21 | 1,249sqft | S$910,000 | ▼S$729 -5.3% vs FV | 99yr from 2006 |
Blk 111B DEPOT RD
Dec 2024 · Floor 25 TO 27
-3.5% vs FV
Blk 111B DEPOT RD
Dec 2024 · Floor 25 TO 27
-3.5% vs FV
Blk 111B DEPOT RD
Sep 2024 · Floor 16 TO 18
-5.8% vs FV
Blk 111B DEPOT RD
Aug 2024 · Floor 16 TO 18
-4.5% vs FV
Blk 111B DEPOT RD
Jun 2024 · Floor 19 TO 21
-5.3% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room unit in Bukit Merah, set at an estimated value of $960,532 or $770 PSF, reflects a nuanced intersection of demand dynamics and remaining lease considerations. With 77 years left on the lease, the property offers a substantial duration for residents, yet the market signal indicates a 4.2% difference from the baseline. This suggests minor fluctuations in buyer sentiment and pricing strategies within this neighborhood, which may be influenced by broader economic factors and local development trends.
Furthermore, the model confidence categorization as low indicates a degree of variability in the valuation derived from a limited dataset, comprising only four recent HDB resale transactions in the vicinity. This underscores the importance of ongoing monitoring of market conditions and comparable sales data to ascertain more robust valuation trends. As such, potential buyers and investors should approach this listing with a comprehensive understanding of the current market dynamics, particularly in a prime area like Bukit Merah, where leasehold properties can experience diverse valuation trajectories.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.