4 Room (4I) HDB for Sale in 37 Bedok South Avenue 2

This valuation report assesses a 4-room HDB unit located in Bedok, which currently boasts an estimated value of $344,547, translating to a price per square foot of $381. With a remaining lease of 50 years, this property presents a unique investment opportunity within a mature and well-established neighborhood. However, it is crucial to note that the estimated value is positioned 39.3% above the baseline market rate, indicating a significant premium that may reflect specific local demand dynamics or unique attributes of the property itself.

The model confidence for this valuation is categorized as low, suggesting that the estimation may be influenced by limited data points and recent transactions in the vicinity, which include only four comparable HDB resale transactions. Such a limited sample size can introduce variability in the valuation process, making it essential for potential buyers or investors to conduct thorough due diligence. As the market dynamics continue to evolve, factors such as the remaining lease duration and overall property condition will play a crucial role in determining the long-term appreciation potential of this unit in Bedok.