3 Room (3A) HDB for Sale in 117 Bedok Reservoir Road

HELIOS AI Analysis

<p>The recent valuation of the HDB 3 Room property located in Bedok, with a remaining lease of 58 years, stands at an estimated value of <strong>$379,850</strong>, translating to <strong>$504 PSF</strong>. This valuation is particularly significant as it is marked as <strong>above market</strong> with a robust <em>28.5% difference from the baseline</em>, indicating a strong demand in the Bedok area. The analysis is grounded in the data from <strong>452 recent HDB resale transactions</strong> within the vicinity, reflecting a high model confidence level.</p> <p>The elevated valuation signals a competitive real estate landscape in Bedok, driven by a combination of factors including proximity to essential amenities, transport links, and the overall desirability of the neighborhood. With a remaining lease of 58 years, potential buyers may perceive this property as a viable long-term investment, albeit with considerations regarding leasehold properties. The current market dynamics suggest that the Bedok region remains a focal point for HDB transactions, and this property’s valuation may indicate a broader trend of increasing interest in established residential areas within Singapore.</p>