4-Room HDB for Room Rent: 35 Chai Chee Avenue

The valuation of the 4-room HDB unit in Bedok, with a remaining lease of 47 years, reflects a current estimated value of $37,174, translating to a price per square foot (PSF) of $372. This valuation is particularly significant given the low model confidence, indicating potential fluctuations in market conditions and the unique characteristics of the property that may not align perfectly with recent transaction data. The estimated value shows no deviation from the baseline market price, suggesting stability in demand for similar properties in the area.

Recent resale transactions in the vicinity have provided a foundation for this valuation, yet the low confidence level signals a cautionary note for prospective buyers and sellers alike. The remaining lease period, while still substantial, may influence buyer sentiment, particularly in a market that increasingly values the longevity of HDB leases. As such, stakeholders should consider broader market dynamics, including economic indicators and demographic trends, while navigating the Bedok HDB landscape. Overall, this property represents a stable, albeit cautious, investment opportunity in Singapore's evolving real estate market.