3 Room (3A) HDB for Sale in 188C Bedok North Street 4

The valuation of the 3-room HDB property located in Bedok, with a remaining lease of 91 years, stands at an estimated value of $660,315, translating to $902 per square foot (PSF). This valuation reflects a market price that shows a modest 3.4% variance from the baseline, indicating a relatively stable pricing environment for similar properties in the vicinity. The low model confidence associated with this valuation suggests that there may be underlying factors influencing the market dynamics that have not been fully captured in the recent transactions.

Analyzing the local market signals, this property is informed by two recent HDB resale transactions in the area, which provide a basis for comparison. However, the limited number of transactions may contribute to the low confidence level, emphasizing the necessity for potential buyers and investors to consider broader market trends and socio-economic factors that could affect future valuations. The remaining lease of 91 years is a pivotal aspect, as properties with longer leases generally attract higher demand, potentially fostering a more resilient investment profile in the evolving real estate landscape of Singapore.