4 Room (4NG) HDB for Sale in 402 Bedok North Avenue 3

The valuation of the HDB 4-room unit in Bedok, with a remaining lease of 53 years, stands at an estimated value of $499,062, translating to $504 PSF. This valuation reflects a premium positioning within the current market, demonstrating an 18% increase above the baseline for similar properties in the area. Such a price point suggests a robust demand for housing in this sought-after district, where recent urban developments and amenities have positively influenced buyer sentiment and willingness to invest.

The model confidence for this valuation is classified as high, underscoring the reliability of the analysis derived from 500 recent HDB resale transactions in the vicinity. This extensive dataset reinforces the observed market dynamics, where factors such as proximity to transportation hubs, schools, and recreational facilities contribute significantly to the desirability of the Bedok area. As the remaining lease period is a critical component in HDB valuations, this property’s 53 years of lease remaining positions it favorably for potential buyers, who may perceive it as a stable long-term investment in a thriving community.