Terraced House for Room Rent: Jalan Mat Jambol

The valuation of the HDB 2 Room unit in Bukit Merah, with a remaining lease of 67 years, stands at an estimated value of $99,067, translating to a price per square foot (PSF) of $619. This valuation reflects a stable market condition, as indicated by a 0% difference from the baseline market price, demonstrating consistent demand and value retention within this well-established district. The high model confidence, derived from an analysis of 60 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation in the current market context.

Bukit Merah is recognized for its strategic location and accessibility, contributing to the sustained interest among potential buyers. The remaining lease of 67 years, while significant, still places the property within a viable investment horizon for first-time homebuyers and investors alike. The stability of the pricing suggests that despite broader market fluctuations, Bukit Merah continues to offer a desirable living environment that balances affordability with quality of life. As such, this HDB unit represents a compelling opportunity within the dynamic Singapore property landscape.