1 Room HDB for Rent in 2 Chai Chee Road

The valuation of the 2-room HDB unit in Bedok, with a remaining lease of 55 years, stands at an estimated value of $357,606, translating to a price per square foot of $511. This valuation is particularly noteworthy as it reflects a market price that shows no deviation from the baseline, indicating a stable demand within this segment of the HDB market. Such equilibrium suggests that buyers are willing to meet sellers at this price point, which is a testament to the robust desirability of the Bedok area, known for its strategic location and well-established amenities.

Analyzing the market dynamics, this valuation is supported by data derived from 9 recent HDB resale transactions in the vicinity, underscoring a medium model confidence level. The convergence of these recent transactions reinforces the notion that properties in Bedok are maintaining their value despite potential fluctuations in the broader market environment. Additionally, with a remaining lease of 55 years, this property presents a unique opportunity for buyers seeking to invest in a well-located HDB unit that balances lease longevity with the vibrancy of local living. As the market continues to evolve, it will be pivotal for stakeholders to monitor these dynamics closely to capitalize on any future opportunities.