3 Room (3NG) HDB for Sale in 117 Bedok North Road

The valuation of the HDB 3-room unit in Bedok, with a remaining lease of 50 years, stands at an estimated value of $326,087, translating to a price per square foot (PSF) of $415. This valuation is indicative of a market signal that is notably above the baseline, reflecting a substantial 38% premium compared to the prevailing market rates. Such a discrepancy suggests that demand for HDB units in this precinct remains robust, driven by factors including location desirability, accessibility, and local amenities that bolster the area’s attractiveness to potential buyers.

Despite the model confidence being categorized as medium, the analysis is substantiated by a review of 9 recent HDB resale transactions in the vicinity, which collectively demonstrate a consistent upward trend in property values. This trend is likely influenced by the ongoing urban development initiatives and the strategic positioning of Bedok within Singapore’s broader residential landscape. As potential homeowners and investors navigate the complexities of the current market, the nuances of lease tenure and regional dynamics will play a vital role in shaping future valuations and investment decisions.