JSFiddle - React, Tailwind, and code Playground

HTML

<div class="editor-field">
    <select data-bind="options: propertyTypeList, value: selectedPropertyType, optionsCaption: 'select property type...'"></select>
</div>
<div class="editor-label" data-bind="visible: visibleDiv() === 'Area'">Area</div>
<div class="editor-label" data-bind="visible: visibleDiv() === 'Bedroom'">Bedroom</div>

JavaScript

function ViewModel() {
    var self = this;
    self.propertyTypeList = ko.observableArray(['Area', 'Bedroom', 'Other']);
    self.selectedPropertyType = ko.observable("");
    self.visibleFeatures = ko.observableArray([]);
    self.visibleDiv = ko.computed(function () {
        //Your logic here
        return self.selectedPropertyType();
    });
};

ko.applyBindings(new ViewModel());