4 Room (4NG) HDB for Sale in 55 Telok Blangah Drive

The HDB 4-room unit located in Bukit Merah, with a remaining lease of 50 years, presents a compelling valuation at an estimated price of $846,949, translating to $803 per square foot. This valuation is notably positioned as a good deal, reflecting a significant 31.5% difference from the baseline. Such a discount suggests an intriguing market opportunity, particularly in a district that is generally characterized by robust demand for HDB properties, driven by its strategic location and community amenities.

However, it is imperative to note the model confidence for this valuation is classified as low, indicating potential variability in the accuracy of the estimate. The assessment is grounded in the analysis of four recent HDB resale transactions in the vicinity, which may not fully encapsulate the fluid dynamics of the current market environment. As the remaining lease term is a critical factor influencing buyer sentiment and long-term investment value, prospective purchasers should weigh the implications of a shorter lease against the property’s appealing pricing, neighborhood attributes, and potential for future capital appreciation.