4-Room HDB for Room Rent: 50 Chai Chee Street

The valuation of the 4-room HDB unit in Bedok, with a remaining lease of 54 years, stands at an estimated value of $64,272, equivalent to $428 per square foot. This valuation is positioned at a critical juncture within the local property market, as it reflects a 0% difference from the baseline market price, indicating a stable equilibrium in pricing. Such market dynamics suggest that current demand and supply are well-aligned, with no significant fluctuations observed in the immediate vicinity of this property.

With high model confidence derived from an analysis of 180 recent HDB resale transactions in the area, the valuation underscores the resilience of the Bedok property market, particularly for HDB units with substantial remaining leases. As the remaining lease diminishes over time, prospective buyers may increasingly weigh the implications of lease duration in their purchasing decisions. Therefore, this valuation not only provides a snapshot of the current market but also serves as a critical indicator for stakeholders considering future investments in this vibrant neighborhood.