Room (Landed) for Rent in Sungrove

The valuation of the HDB 2-room unit in Bukit Merah reflects a stable market position with an estimated value of $135,379, translating to a price per square foot (PSF) of $615. With a remaining lease of 70 years, this property is strategically positioned within a mature residential enclave, making it an attractive option for both owner-occupiers and investors. The model confidence is rated as high, grounded in the analysis of 58 recent HDB resale transactions in the vicinity, which underscores the robustness of the current valuation.

Notably, the market signal indicates a 0% difference from the baseline, suggesting that the current asking price aligns perfectly with recent market trends. This equilibrium reflects a balanced supply-demand dynamic within the Bukit Merah area, where the desirability of HDB living continues to sustain property values despite broader economic fluctuations. As such, potential buyers and stakeholders can approach this listing with confidence, given the comprehensive market analysis and the enduring appeal of this location.