4-Room HDB for Room Rent: 118 Bedok Reservoir Road

In the current evaluation of the HDB 4-room unit located in Bedok, with a remaining lease of 58 years, the estimated value stands at $65,975, translating to a price per square foot (PSF) of $507. This valuation is anchored in a robust analysis derived from 86 recent HDB resale transactions within the vicinity, providing a comprehensive understanding of the local market dynamics. The model confidence for this valuation is categorized as high, indicating strong reliability in the data sources and market signals utilized in the assessment.

The market signal reflects a 0% difference from the baseline, suggesting that the property is positioned at a competitive market rate, aligning closely with prevailing prices observed in recent transactions. This stability in pricing indicates a balanced demand and supply scenario within the Bedok estate, a locality known for its strategic connectivity and residential amenities. As the lease remaining on this HDB property stands at 58 years, future buyers should consider the implications of lease decay, which may affect long-term investment value. However, the current valuation underscores a strong market presence, making this property an attractive option for prospective homeowners and investors alike.