3 Room (3NG) HDB for Rent in 88 Telok Blangah Heights

The valuation of the HDB 3-room unit in Bukit Merah, assessed at an estimated value of $814,824, reflects a robust market standing with a price per square foot (PSF) of $1,164. This valuation is indicative of a stable market environment, as evidenced by the 0% difference from the baseline market price. Such stability suggests a balanced demand and supply dynamic in the Bukit Merah precinct, wherein the recent resale transactions have shown resilience against fluctuations, underscoring the area's desirability among homebuyers.

With a remaining lease of 73 years, this property remains an attractive option for both investors and owner-occupiers alike. The moderate model confidence, derived from analyzing 8 recent HDB resale transactions in the vicinity, indicates a reliable yet cautious outlook on future price movements. The longevity of the lease coupled with the competitive pricing within this vibrant neighborhood positions this HDB unit favorably against other listings, suggesting potential for appreciation in value, contingent upon ongoing urban developments and enhancements in local infrastructure.