4 Room (4A) HDB for Sale in 762 Bedok Reservoir View

The HDB 4-room property located in Bedok, with a remaining lease of 71 years, presents an estimated value of $813,857, translating to a price per square foot (PSF) of $720. This valuation reflects a modest market signal with a 1.7% deviation from the baseline price, indicating a relatively stable demand within this neighborhood. The low difference suggests that buyers are willing to pay a premium for properties in this area, likely due to Bedok's strategic location and the amenities it offers.

However, it is essential to note that the model confidence for this valuation is categorized as low, which underscores the variability and uncertainty inherent in the current market conditions. The valuation is informed by three recent HDB resale transactions in the vicinity, yet the limited sample size may not fully capture the broader market trends. As leasehold properties approach the tail end of their leases, factors such as age, condition, and the remaining lease tenure will increasingly influence buyer sentiment and market dynamics. Prospective investors and homeowners should remain vigilant and conduct thorough due diligence, taking into account both the immediate and long-term implications of lease expiry on property value.