3 Room (3NG) HDB for Sale in 42 Telok Blangah Rise

The valuation of the HDB 3 Room unit in Bukit Merah, currently estimated at $296,059 or $393 PSF, reflects a significant market signal indicating an above-market positioning, with a notable 26.7% premium over the baseline. This valuation is particularly intriguing given the remaining lease of 48 years, which places this property within a critical transitional phase, as potential buyers weigh the implications of lease duration on long-term investment viability.

Analysis of the surrounding market dynamics reveals that this valuation is derived from a modest dataset of 7 recent HDB resale transactions in the vicinity. The model confidence is rated as low, suggesting that while the price point is attractive, fluctuations in the market or limited comparable transactions may impact the reliability of this valuation. Buyers should remain vigilant, considering both the leasehold nature of the property and the broader market trends that may influence future appreciation or depreciation in value. Overall, this property presents a compelling opportunity for investors seeking to capitalize on the unique attributes of Bukit Merah, albeit with the caution warranted by the prevailing market uncertainties.