Master Room (HDB) for Rent in 55 Telok Blangah Drive

The valuation of the HDB 4-room unit in Bukit Merah, with a remaining lease of 51 years, stands at an estimated value of $136,224, translating to an approximate price per square foot (PSF) of $681. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand and supply equilibrium in the current property landscape of this vibrant district.

Our analysis is underpinned by a robust dataset, incorporating insights from 500 recent HDB resale transactions in the vicinity, which lends a high degree of confidence to this valuation. The stability of the market price suggests that buyers are willing to transact at this level, likely driven by the prime location and the amenities that Bukit Merah offers. As the remaining lease diminishes, it will be crucial for potential buyers to consider the long-term implications of lease duration on property value, particularly in a competitive market where leasehold properties with substantial remaining terms often command a premium.