3 Bed Corner Terrace (Landed) for Sale in Hong Leong Garden

The HDB 4 Room property located in Bukit Merah commands an estimated value of $2,452,034 or $701 PSF, reflecting an exceptional market position. With a remaining lease of 54 years, this property showcases a significant premium over the baseline valuation, indicated by a striking 184.7% difference. This elevated valuation underscores the desirability of the Bukit Merah area, which continues to attract discerning buyers despite the decreasing lease tenure.

The model confidence for this valuation is categorized as High, derived from a robust dataset of 500 recent HDB resale transactions within the vicinity. The strong market signal suggests that demand for properties in this locale remains resilient, likely driven by its strategic location, accessibility, and the quality of amenities available. As leasehold properties face increasing scrutiny from potential buyers, the premium associated with this HDB unit indicates a significant perceived value, reflective of both market dynamics and buyer sentiment in Singapore's competitive real estate landscape.