Premium HDB for Sale in 90A Telok Blangah Street 31

The valuation of the 4-room HDB unit located in Bukit Merah reflects a compelling market narrative, as evidenced by its estimated value of $1,082,716 or $1,082 PSF. With a remaining lease of 90 years, this property not only offers significant longevity but also positions itself strategically within a highly sought-after area. The valuation is notably 10.8% above the market baseline, indicating robust demand and a premium being placed on desirable properties in this locale.

Analysis of recent transactions reveals a nuanced understanding of the local market dynamics, with the valuation being informed by 14 recent HDB resale transactions in the vicinity. The model confidence in this estimation is categorized as medium, suggesting that while there is a solid foundation based on comparative sales, potential market fluctuations should be monitored closely. As urban development continues to evolve in Bukit Merah, the enduring appeal of HDB properties with substantial remaining leases is likely to attract discerning buyers, further solidifying the area's status as a prime residential enclave.