3 Room (3I) HDB for Rent in 20 Chai Chee Road

The valuation of the 3-room HDB property in Bedok, with a remaining lease of 55 years, stands at an estimated value of $260,525, translating to a price per square foot (PSF) of $410. This valuation reflects the current market dynamics and is derived from a comparative analysis of three recent HDB resale transactions in the vicinity. Notably, the market price indicates a 0% difference from the baseline, suggesting a stable valuation in the context of current market conditions.

However, the model confidence is rated as low, which may indicate potential volatility or insufficient comparable data to firmly establish a robust valuation. The remaining lease of 55 years is also a critical factor influencing buyer sentiment, as properties with shorter leases may face increased scrutiny in the market, potentially impacting resale value. As such, while the property maintains a competitive price point relative to recent comparable sales, prospective buyers should remain cognizant of both the lease duration and the broader economic factors influencing the HDB market in Singapore.