Master Room (Landed) for Rent in Hong Leong Garden

The HDB 4-room property located in Bukit Merah, with a remaining lease of 54 years, has been appraised at an estimated value of $210,174, translating to a competitive price of $701 per square foot. This valuation reflects a balanced market signal, indicating that the current price is aligned with the baseline, showcasing a 0% difference. Such stability in pricing amidst fluctuating market dynamics suggests a resilient demand for HDB properties in this region, particularly given its strategic location and robust amenities.

Our analysis is grounded in a comprehensive review of 500 recent HDB resale transactions within the vicinity, providing a solid foundation for our valuation model which exhibits a high level of confidence. The enduring appeal of Bukit Merah, coupled with its proximity to essential facilities and transport links, continues to attract prospective buyers, thereby reinforcing the stability of property values in this locale. As the remaining lease stands at 54 years, it is crucial for potential investors to consider the implications of lease duration on future resale potential, yet the current market conditions suggest that this property retains significant value for both owner-occupiers and investors alike.