4-Room HDB for Room Rent: 187B Fengshan GreenVille

The valuation of the 4-room HDB unit in Bedok, with a remaining lease of 90 years, stands at an estimated value of $71,822, translating to a price per square foot (PSF) of $898. This valuation reflects a market price that is in line with the baseline, indicating a stable demand for HDB properties in this locality. The property market in Bedok exhibits a consistent interest among buyers, driven by the area's strategic location and well-developed amenities, which contributes to maintaining property values.

Our analysis is grounded in data from 14 recent HDB resale transactions within the vicinity, providing a robust basis for this valuation. However, it is important to note that the model confidence is categorized as medium, suggesting that while the data supports the valuation, market fluctuations and external economic factors could influence future pricing trends. The enduring lease of 90 years also plays a crucial role in the property’s appeal, as it provides potential buyers with a long-term investment opportunity, reinforcing the stability of HDB prices in this vibrant and well-connected neighborhood.