2 Room (2I) HDB for Rent in 534 Bedok North Street 3

The valuation of the HDB 2 Room unit in Bedok, with a remaining lease of 53 years, stands at an estimated value of $251,953, translating to a price per square foot (PSF) of $521. This valuation is particularly significant considering the current market dynamics, where the property reflects a 0% difference from the baseline market price. Such stability in pricing indicates a balanced demand and supply scenario, essential for potential buyers and investors to note.

With model confidence rated as medium, this valuation is bolstered by an analysis of 8 recent HDB resale transactions in the vicinity. This sample size provides a reliable benchmark for assessing the local market trends. The longevity of the remaining lease is a crucial factor, as properties with longer leases tend to attract more interest, particularly from first-time buyers and young families seeking affordable housing options in established neighborhoods like Bedok. The combination of a competitive price point and a stable lease term positions this property as a noteworthy opportunity in the current real estate landscape.