3 Room (3NG) HDB for Sale in 401 Bedok North Avenue 3

The valuation of the 3-room HDB property located in Bedok indicates a noteworthy market positioning, with an estimated value of $310,181, translating to a price per square foot (PSF) of $430. This valuation is significantly above the market baseline, reflecting a substantial 34.8% premium. Such a discrepancy suggests that the property is either benefiting from unique attributes that elevate its desirability or is experiencing inflated demand dynamics specific to the area.

With a remaining lease of 51 years, the longevity of tenure is a critical factor influencing buyer sentiment. While HDB properties with shorter leases often face valuation pressures, this medium-term lease provides a balance between affordability and longevity, appealing to both young families and investors. However, the model confidence in this valuation is categorized as low, suggesting a degree of uncertainty likely fueled by the limited dataset, which is based on only two recent resale transactions in the vicinity. This scarcity of comparative data underscores the necessity for potential buyers to conduct thorough due diligence and consider broader market trends when evaluating this property.