3 Room (3A) HDB for Sale in 70A Telok Blangah Heights

In the vibrant neighborhood of Bukit Merah, the valuation of a 3-room HDB unit reflects a strategic intersection of demand and lease longevity, with an estimated market value of $769,028, translating to a price per square foot (PSF) of $1,051. This valuation is underpinned by the unit's remaining lease of 89 years, which positions it favorably within the market, as prospective buyers often prioritize properties with extended lease tenures. The resilient demand for HDB units in this locale is indicative of the area's appeal, driven by its accessibility and proximity to essential amenities.

However, it is essential to note the current market signal, which indicates a 2.5% difference from the baseline, suggesting slight fluctuations that may be indicative of broader market trends. The model confidence in this valuation is categorized as low, primarily influenced by the reliance on a single recent HDB resale transaction in the vicinity. This limited data point underscores the necessity for cautious interpretation, as market dynamics can shift rapidly. Overall, while the valuation reflects a competitive pricing strategy, potential investors should remain cognizant of the fluctuating market conditions and the need for a comprehensive analysis of additional comparable sales to affirm this position.