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

The valuation of the HDB 3 Room property located in Bedok, with a remaining lease of 49 years, has been estimated at $331,152, translating to a price per square foot (PSF) of $375. This valuation positions the property significantly above the market baseline, reflecting a notable 38.3% premium. Such an elevated valuation indicates strong demand dynamics in the Bedok area, potentially driven by the ongoing urban development and improvements in local amenities that enhance the overall appeal of the neighborhood.

However, it is important to note that the model confidence for this valuation is categorized as low, which implies that the estimate may be influenced by limited data or recent resale transactions in the vicinity. The analysis is based on only three recent HDB resale transactions, which may not fully capture the broader market trends or the specific characteristics of the property in question. As the remaining lease approaches the halfway mark, prospective buyers should weigh the implications of lease tenure on long-term investment value and resale potential, especially in a competitive market landscape.