Common Room (HDB) for Rent in 107 Bukit Purmei Road

The recent valuation of the HDB 4-room unit in Bukit Merah, with a remaining lease of 57 years, stands at an estimated value of $110,696, translating to a price per square foot (PSF) of $738. This valuation reflects a highly competitive market position, as it demonstrates a 0% difference from the baseline market price, indicating that the property is priced accurately according to current market dynamics.

Our analysis is grounded in the evaluation of 500 recent HDB resale transactions in the vicinity, providing a robust dataset that enhances our model confidence, which is rated as high. The consistent pricing observed in this area suggests a stable demand for HDB properties, indicative of Bukit Merah's ongoing appeal among buyers. As the remaining lease diminishes, the importance of location and amenities becomes increasingly pronounced, and Bukit Merah's rich tapestry of cultural and communal offerings continues to attract prospective homeowners, thereby maintaining its market viability.