Common Room (HDB) for Rent in 139 Jalan Bukit Merah

The valuation of the HDB 2-room unit located in Bukit Merah, with a remaining lease of 68 years, stands at an estimated value of $98,167, translating to a price per square foot (PSF) of $610. This valuation reflects a stable market condition, with the current asking price aligning exactly with the baseline, indicating a 0% difference from the market price. Such a scenario often signals a balanced supply-demand dynamic, where buyers and sellers are in relative agreement on value, thereby enhancing market stability.

Our analysis is grounded in data from 58 recent HDB resale transactions in the vicinity, yielding a high model confidence rating. This robust dataset not only underpins the reliability of the valuation but also highlights the resilience of the Bukit Merah area within the broader Singapore real estate landscape. As urban developments continue to evolve, the longevity of the remaining lease adds an attractive dimension for potential buyers, ensuring that this property remains a viable investment option amid fluctuating market sentiments.