3 Room (3I) HDB for Sale in 1 Dover Road

The HDB 3 Room unit located in Bukit Merah, with a remaining lease of 48 years, presents a compelling investment opportunity in a highly sought-after district. With an estimated value of $388,984, translating to a price per square foot of $496, the property reflects a nuanced understanding of the local market dynamics. The valuation indicates a market price that is only 2.8% above the baseline, showcasing a stable demand in the area amidst fluctuating economic conditions.

This valuation is derived from a robust analysis of 499 recent HDB resale transactions in the vicinity, lending a high degree of confidence to the model used. The Bukit Merah locale is characterized by its strategic position and amenities, further enhancing its appeal to potential buyers. As the remaining lease of 48 years continues to provide ample time for ownership, this property not only meets the current housing needs but also aligns with long-term investment strategies, positioning it as a valuable asset in Singapore's real estate landscape.