Common Room (HDB) for Rent in 115 Bukit Purmei Road

The valuation of the HDB 4-room unit in Bukit Merah, with a remaining lease of 57 years, stands at an estimated value of $86,937, translating to a price per square foot (PSF) of $724. This valuation reflects a strong alignment with the current market conditions, as indicated by a market price deviation of 0% from the baseline. Such a stable market signal suggests robust demand and a consistent valuation trajectory in the Bukit Merah area, which is known for its strategic location and vibrant community amenities.

Our analysis, grounded in data from 500 recent HDB resale transactions in the vicinity, demonstrates a high model confidence level, affirming the accuracy of this valuation. The sustained interest in HDB properties within this locality can be attributed to a combination of factors, including proximity to key transport links, established schools, and a range of lifestyle conveniences. As the remaining lease diminishes, properties in this category will likely experience varied market responses; however, the strong historical demand in Bukit Merah suggests a resilient valuation outlook for this HDB unit.