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

The valuation of the HDB 3-room unit located in Bedok, with a remaining lease of 49 years, stands at an estimated value of $331,152, translating to a price per square foot (PSF) of $375. This valuation is notably above the market baseline, reflecting a significant 38.3% premium that suggests heightened demand for properties in this locale, despite the remaining lease being less than the average for HDB properties in Singapore. Such a premium could be indicative of various local market dynamics, including proximity to amenities, schools, and public transport, which enhance the desirability of this unit.

However, it is important to note that the model confidence for this valuation is classified as low, stemming from the analysis being based on just three recent HDB resale transactions in the vicinity. This limited data set may not fully capture the complexities of the current market conditions. Investors and prospective buyers should consider this valuation within the broader context of the evolving real estate landscape in Singapore, particularly in regard to lease decay and the implications it may have on long-term investment viability.