3 Room (3I) HDB for Rent in 117 Bedok Reservoir Road

The valuation of the HDB 3 Room unit in Bedok, with a remaining lease of 58 years, stands at an estimated value of $356,358, translating to a price per square foot (PSF) of $487. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand for HDB properties in this region. The median price point, alongside the market signal showing a 0% difference from the baseline, suggests that the property is competitively priced within its peer group, reinforcing investor confidence.

Derived from an analysis of 12 recent HDB resale transactions in the vicinity, this valuation is backed by a medium level of model confidence. The stability in pricing can be attributed to several market dynamics, including the desirability of the Bedok area, which is known for its robust infrastructure, accessibility, and community amenities. As the remaining lease period stands at 58 years, potential buyers should consider the implications of lease decay, yet the current market performance indicates resilience. This property presents a viable opportunity for both homebuyers and investors looking to capitalize on the enduring appeal of HDB living in Singapore.