Common Room (HDB) for Rent in 108 Bukit Purmei Road

The valuation of the HDB 2 Room unit in Bukit Merah is estimated at $127,608, translating to a competitive rate of $510 PSF. This pricing reflects a stable market signal, as it indicates a 0% deviation from the baseline, suggesting that the property is accurately aligned with current market trends. Given the remaining lease of 57 years, this valuation is indicative of a well-maintained asset that holds potential for both owner-occupiers and investors seeking stable returns in a sought-after locale.

The model confidence is classified as high, which is corroborated by an analysis of 59 recent HDB resale transactions within the vicinity. This robust dataset not only enhances the credibility of the valuation but also underscores the ongoing demand for HDB properties in Bukit Merah, a district known for its strategic connectivity and vibrant community. As the landscape of Singapore's real estate continues to evolve, properties like this HDB unit are likely to remain attractive options for buyers looking to capitalize on the enduring value of public housing in the heart of the city.