3 Room (3A) HDB for Rent in 102 Bukit Purmei Road

The current valuation of the HDB 3 Room unit in Bukit Merah stands at an estimated value of $396,853, translating to $505 PSF. With a remaining lease of 57 years, this property sits within a competitive market that showcases a stable pricing dynamic, reflected by a market price that shows a 0% difference from the baseline. Such stability indicates a balanced demand and supply scenario in this desirable residential enclave, which is known for its strategic location and accessibility.

However, it is essential to note that the model confidence for this valuation is categorized as low, suggesting the need for cautious interpretation of the estimated value. The analysis is based on four recent HDB resale transactions within the vicinity, which provide a limited data set for drawing comprehensive conclusions. As the market sentiment evolves, factors such as remaining lease duration and local amenities will play critical roles in influencing future valuations. Investors and homeowners alike should remain attentive to broader market trends and local developments that could impact property desirability in Bukit Merah.