Master Room (HDB) for Rent in 126 Bukit Merah Lane 1

The valuation of the HDB 2-room unit located in Bukit Merah reveals a compelling snapshot of the current market dynamics, particularly in light of its remaining lease of 51 years. Priced at an estimated value of $72,898, translating to $486 per square foot, this property is positioned at a market equilibrium, showing a 0% difference from the baseline. This stability suggests a balanced interplay between demand and supply, indicative of the area's desirability among potential homeowners.

Our analysis is grounded in a robust dataset comprising 16 recent HDB resale transactions in the vicinity, allowing for a nuanced understanding of the local market trends. The model confidence level is classified as medium, reflecting a satisfactory degree of reliability in the valuation metrics. As the remaining lease approaches the halfway mark, the implications for future resale potential and buyer sentiment are particularly noteworthy. Investors and homeowners alike should remain vigilant of the evolving market conditions, as the lease tenure significantly influences both asset value and transaction activity in the HDB sector.