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

The HDB 5-room property located in Bukit Merah presents a compelling opportunity in the current real estate landscape, with an estimated value of $1,076,800, translating to approximately $870 PSF. This valuation is bolstered by a remaining lease of 77 years, offering prospective buyers a significant tenure that aligns well with long-term investment strategies. The high model confidence rating of High reflects a robust analysis grounded in 348 recent HDB resale transactions within the vicinity, underscoring the reliability of this valuation.

Market dynamics indicate that this property is positioned as a Good Deal, with a notable 15.7% difference from the baseline valuation. This premium positioning suggests not only a strong demand for HDB units in Bukit Merah but also a potential for capital appreciation as the area continues to develop. The combination of a solid remaining lease and favorable market signals makes this property an attractive option for both first-time homebuyers and seasoned investors looking to capitalize on the vibrant real estate market in Singapore.