5 Room (5I) HDB for Sale in 111A Depot Road

The recent valuation of the HDB 5-room property in Bukit Merah stands at an estimated value of $1,075,953, translating to a price per square foot of $869. With a remaining lease of 77 years, this property is positioned favorably within the competitive landscape of Singapore's HDB market. The valuation reflects a strong demand for housing in this mature estate, characterized by its strategic location and robust community amenities.

Market analysis indicates a 15.6% difference from the baseline valuation, categorizing this listing as a good deal. This assessment is supported by the evaluation of 345 recent HDB resale transactions within the vicinity, which reinforces the model's high confidence level. The underlying dynamics suggest that properties in Bukit Merah are not only holding their value but also exhibiting resilience against broader market fluctuations, largely due to their appealing lease tenure, proximity to central business districts, and access to essential services. Investors and homebuyers alike should consider this property as a strong contender for both living and investment purposes in the current real estate climate.