3-Room HDB for Room Rent: 186B Fengshan GreenVille

The subject property, a 3-room HDB unit located in the vibrant district of Bedok, presents an estimated value of $658,417, equating to a price per square foot (PSF) of $942. With a remaining lease of 91 years, this property benefits from a relatively lengthy tenure, which is a significant consideration for potential buyers in the HDB market. The valuation is anchored by recent transaction data, with a baseline market price reflecting a 0% deviation, indicating stable pricing dynamics in the area.

However, it is essential to note that the model confidence for this valuation is categorized as low, suggesting variability in the data and market conditions. The assessment draws insights from only four recent resale transactions within the vicinity, which may not fully encapsulate the broader market trends or nuances that could influence property values. This limited dataset underscores the importance of continuous monitoring of market signals and the potential impact of external factors on the HDB landscape in Bedok.