3 Room HDB for Rent in 69 Bedok South Avenue 3

In the current valuation report for the 3-room HDB property located in Bedok, we observe a projected market value of $434,766, equating to $434 PSF. The property possesses a remaining lease of 51 years, which is a critical factor influencing its valuation. Given the competitive landscape of the HDB market in Singapore, this valuation reflects a stable market price with a 0% difference from the baseline, indicating that the property is priced in line with current market trends.

However, it is important to note that our model confidence for this valuation is classified as low, primarily due to the limited dataset of only two recent HDB resale transactions in the vicinity. This scarcity of comparative transactions suggests that fluctuations in the local market dynamics may not be fully captured, rendering the valuation susceptible to volatility. Investors and potential buyers should exercise caution and consider the implications of the remaining lease, as properties with shorter leases may face additional scrutiny and price adjustments in the future.