Common Room (HDB) for Rent in 112B Depot Road

The valuation of the HDB 2 Room unit in Bukit Merah, with a remaining lease of 76 years, stands at an estimated value of $64,613, translating to a rate of $646 PSF. This valuation reflects a keen alignment with the current market price, exhibiting a 0% difference from the baseline. Such stability in pricing indicates a balanced demand-supply dynamic within the Bukit Merah region, which is characterized by its accessibility and vibrant community amenities.

Our analysis is bolstered by a robust dataset, drawn from 58 recent HDB resale transactions in the vicinity, enhancing the reliability of our valuation model. The high model confidence rating suggests that the current market conditions are favorably influencing property values in this locale. As the remaining lease term of 76 years provides a significant buffer for potential buyers, it positions this property as an attractive option for both first-time homeowners and investors seeking long-term appreciation. In conclusion, the Bukit Merah 2 Room unit exemplifies a solid investment opportunity in the evolving landscape of Singapore's housing market.