Room (HDB) for Rent in 125 Bukit Merah View

The valuation of the HDB 2-room unit in Bukit Merah, with a remaining lease of 46 years, stands at an estimated value of $108,462, equating to a price per square foot (PSF) of $434. This valuation reflects a stable market signal, with no deviation from the baseline price, indicating a balanced demand and supply scenario in the area. The high model confidence, derived from a thorough analysis of 39 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation amidst the current market dynamics.

Bukit Merah continues to be a desirable locale for potential homeowners and investors alike, supported by its strategic location and vibrant community amenities. The remaining lease of 46 years positions this property within a competitive bracket, appealing to younger families and first-time buyers who prioritize affordability without compromising on location. As the HDB market evolves, property values are expected to be influenced by broader economic factors, demographic shifts, and government policies aimed at enhancing the livability and sustainability of urban areas. Thus, stakeholders should remain vigilant to market trends that may impact future valuations.