5-Room HDB for Room Rent: 26 Telok Blangah Crescent

The valuation of the HDB 5 Room unit in Bukit Merah reflects a comprehensive analysis of current market trends and local demand dynamics. With an estimated value of $68,191, translating to $568 PSF, this property is positioned at the baseline market price, indicating a balanced equilibrium between buyer expectations and seller offers. The strong model confidence, rated as High, is reinforced by an extensive dataset, drawing insights from 351 recent HDB resale transactions in the vicinity, ensuring that our valuation is grounded in robust empirical evidence.

It is noteworthy that the remaining lease of 48 years plays a critical role in shaping the property’s valuation and market appeal. In Singapore's real estate market, properties with shorter remaining leases often experience pricing pressure; however, Bukit Merah's strategic location, combined with its proximity to essential amenities, enhances its desirability. As the market displays a 0% difference from the baseline, this signals a stable market environment, where factors such as location, remaining lease period, and transaction volume converge to establish a sustainable pricing framework for prospective buyers and investors alike.