1 Bed Cluster House (Landed) for Rent in Pasir Panjang Road

The valuation of the HDB 2 Room unit in Bukit Merah, with a remaining lease of 75 years, stands at an estimated $64,602, translating to a price per square foot (PSF) of $646. This valuation is indicative of a stable market condition, marked by a 0% difference from the baseline price. Such stability reflects the equilibrium in supply and demand dynamics within this sought-after residential district, which is characterized by its proximity to key amenities and transport links.

With a model confidence rating of high, this valuation is further substantiated by an analysis of 59 recent HDB resale transactions in the vicinity, showcasing a consistent market trend. The sustained interest in HDB properties in Bukit Merah can be attributed to its appealing demographic, which includes young families and professionals. As the region continues to develop, the remaining lease of 75 years provides an attractive proposition to potential buyers, ensuring that the intrinsic value of the property remains robust in the long term.