Master Room (HDB) for Rent in 161 Bukit Merah Central

The valuation of the HDB 2-room unit in Bukit Merah reflects a nuanced interplay of market dynamics, particularly in terms of its remaining lease of 53 years. With an estimated value of $76,033, translating to $507 per square foot, the property holds a significant position within the current landscape of HDB resale transactions. Notably, this valuation indicates a market price that aligns precisely with the baseline, suggesting a rare equilibrium amidst fluctuating market conditions.

However, the model confidence associated with this valuation is categorized as low, a factor that warrants careful consideration for potential investors and homeowners alike. This low confidence level stems from the reliance on only seven recent resale transactions in the vicinity, which may not adequately capture the broader market trends. Therefore, while the property presents a stable investment opportunity, it is imperative for stakeholders to remain vigilant of the evolving market signals and the implications of the remaining lease on future valuation trajectories.