What type of buyers purchase HDB flats at 114 Depot Road

The 114 Depot Road HDB flats in the Bukit Merah area are likely to attract several types of buyers due to their location and amenities. Here are some potential types of buyers:

First-Time Homebuyers

These buyers are drawn to the area because of its proximity to MRT stations like Labrador Park MRT, making it an ideal location for those who need easy access to public transportation.

Families

The availability of larger units, such as 3 to 5-room flats with sizes ranging from 1,259 sqft to 1,323 sqft, makes these units suitable for families looking for spacious living arrangements in a central location.

Upgraders

Buyers who are upgrading from smaller HDB flats or those looking to move to a more central and convenient location might find the Depot Heights project appealing due to its amenities and proximity to the city.

Investors

Some buyers might be interested in these flats as investment properties, given the area's popularity and the potential for rental income. The medium-sized project with 418 units and its relatively recent TOP date in 2017 could make it an attractive option.

Those Seeking Central Location

Bukit Merah's close proximity to the city center and various amenities makes it an attractive option for buyers who value convenience and accessibility to urban facilities. The area's mix of residential, commercial, and recreational spaces adds to its appeal.