3 Room (3NG) HDB for Rent in 121 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 $398,383, translating to a price per square foot of $553. This valuation reflects a baseline market price with a 0% differential, indicating that the property is positioned at market equilibrium. Such a stable pricing signal suggests that the demand for HDB properties in this region remains consistent, aligning well with the broader market trends observed in Singapore's real estate landscape.

However, it's important to note the model's confidence level is categorized as low, which implies potential variability in the valuation due to market dynamics. The estimate is primarily derived from three recent HDB resale transactions in the vicinity, which may not fully encapsulate the diverse factors influencing buyer sentiment and pricing strategies in Bedok. As the remaining lease diminishes, prospective buyers may approach with caution, weighing the implications of long-term investment versus the current market conditions. Investors and homeowners alike should consider these elements carefully when navigating the HDB market in this area.