3 Room HDB for Rent in 103A Depot Road

The HDB 3-room unit in Bukit Merah, with a remaining lease of 72 years, is currently valued at approximately $837,529, translating to a price per square foot (PSF) of $728. This valuation reflects a stable market position with a market price that shows no divergence from the baseline, indicating a level of equilibrium in the current HDB resale market. The model confidence level is rated as high, bolstered by comprehensive analysis of 499 recent transactions in the vicinity, which provides a solid foundation for the estimated value.

The market dynamics in Bukit Merah suggest a consistent demand for HDB properties, particularly in well-established neighborhoods with robust infrastructural support. The remaining lease of 72 years positions this property favorably for potential buyers, who often seek longer lease tenures for investment security. As the market remains resilient, we anticipate that this property will continue to attract interest, given its strategic location and the ongoing appeal of HDB living in Singapore.