4 Room (4NG) HDB for Sale in 116 Bedok Reservoir Road

The valuation of the HDB 4 Room unit located in Bedok, with a remaining lease of 58 years, indicates an estimated value of $511,218, translating to a price per square foot (PSF) of $511. This valuation is notably above the market average, reflecting a significant premium of 17.4% compared to the baseline valuation for similar properties in the area. Such a discrepancy may suggest heightened demand or unique attributes associated with this particular unit, which could include its location, amenities, or overall condition.

However, it is essential to approach this valuation with caution, as the model confidence is rated low. The assessment is based on a limited dataset, with only one recent HDB resale transaction in the vicinity to inform the valuation. This lack of robust transaction data may limit the reliability of the valuation, highlighting the need for potential buyers to conduct further due diligence. As the property market in Bedok evolves, factors such as changing demographics, urban development plans, and the overall economic climate may further influence property values, particularly for HDB units with shorter leases.