3 Room (3A) HDB for Sale in 55 Chai Chee Drive

The valuation of the HDB 3 Room unit in Bedok, currently estimated at $349,796 or $428 PSF, reflects a significant market signal, indicating a premium of 31.5% above the baseline valuation. This elevated pricing can be attributed to various market dynamics, including the area's desirability, accessibility, and recent demand trends. The remaining lease of 55 years is a crucial factor, as it positions the property within a balanced spectrum of leasehold assets that appeal to both investors and owner-occupiers alike.

Analysis of recent transactions within the vicinity, comprising 8 comparable HDB resale transactions, provides a medium confidence level in this valuation. The Bedok precinct has consistently demonstrated robust demand, driven by its comprehensive amenities and well-established public transport links. As such, the current valuation may reflect a strategic opportunity for buyers seeking to capitalize on the growth potential in this thriving enclave, despite the inherent risks associated with a shorter remaining lease. Investors should consider the local market conditions and future infrastructural developments that could further influence property values in the region.