3 Room (3NG) HDB for Sale in 102 Bedok North Avenue 4

The valuation of the 3-room HDB unit located in Bedok, with a remaining lease of 51 years, stands at an estimated value of $344,669, translating to $391 per square foot. This valuation is notably above the market baseline, reflecting a striking 32.9% premium. Such a significant markup indicates underlying factors driving demand in the region, despite the relatively shorter lease term compared to more favorable options in the market.

However, the model confidence for this valuation remains classified as low, suggesting that the premium may not be entirely sustainable in the long term. The analysis is drawn from three recent HDB resale transactions in the vicinity, which points to a localized market trend that could be influenced by specific neighborhood characteristics or a temporary surge in buyer interest. Investors and potential homebuyers should approach this valuation with caution, weighing the implications of the remaining lease against the current market dynamics.