4-Room HDB for Room Rent: 43 Chai Chee Street

The valuation of the HDB 4 Room unit in Bedok, with a remaining lease of 52 years, stands at an estimated value of $40,334, translating to a price per square foot (PSF) of $403. This valuation is particularly noteworthy given the current market dynamics, as it reflects a market price that is consistent with the baseline, indicating a stable environment for HDB properties in this region. The stability in pricing suggests a balanced demand and supply scenario, where potential buyers are likely to view this property as a competitive option within the local market.

However, the model confidence is rated as low, which warrants careful consideration. This low confidence level may stem from various factors, including the limited number of recent transactions—seven in total—that inform this valuation. The remaining lease period of 52 years also plays a critical role in shaping buyer sentiment, as properties with shorter leases often encounter varying degrees of interest based on market perceptions of leasehold value depreciation. As such, potential investors and homeowners should weigh these dynamics and consider the broader implications of lease duration when assessing the long-term investment viability of this HDB unit.