4-Room HDB for Room Rent: 15 Bedok South Road

The valuation of the HDB 4 Room in Bedok, with a remaining lease of 48 years, stands at an estimated value of $35,976, translating to an approximate price per square foot of $360. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand for properties of this nature within the area. The absence of any significant deviation from the baseline price suggests a balanced market, where supply and demand dynamics are relatively equal, providing a sense of predictability for potential investors or homeowners.

However, it is essential to note that the model confidence for this valuation is categorized as low, indicating a degree of uncertainty in the predictive accuracy of the estimated value. This low confidence level may arise from various factors, including the limited number of recent comparable transactions, with only four recent HDB resale transactions being analyzed. As such, prospective buyers should consider conducting further due diligence to assess the broader market conditions and specific property attributes that could influence future value appreciation.