Studio Townhouse (Landed) for Rent around Pasir Panjang Road

The valuation of the HDB 2 Room unit in Bukit Merah, with a remaining lease of 75 years, stands at an estimated value of $258,451, translating to $646 PSF. This valuation is particularly noteworthy as it reflects a market price that is consistent with the baseline, indicating a stable demand within this vibrant district. The confidence level in this valuation is categorized as high, underscored by a comprehensive analysis of 58 recent HDB resale transactions in the vicinity, which contributes to the robustness of the market signal.

The Bukit Merah area, known for its strategic location and accessibility, continues to attract potential buyers, thereby sustaining its property values. The remaining lease of 75 years is a significant factor, as it provides ample time for prospective homeowners and investors to benefit from the property. As market dynamics evolve, this HDB unit stands as a testament to the enduring appeal of Singapore's public housing, where demand remains resilient amidst fluctuating economic conditions.