4-Room HDB for Room Rent: 708 Bedok North Road

The valuation of the HDB 4-room unit in Bedok, with a remaining lease of 53 years, stands at an estimated value of $76,360, translating to $509 per square foot (PSF). This valuation reflects a market price that shows no significant deviation from the baseline, indicating a stable yet cautious sentiment among buyers and sellers in the area. The proximity to essential amenities and established community infrastructure contributes to the property’s desirability, though the limited remaining lease may temper price appreciation prospects.

Market dynamics reveal an intriguing landscape. The model's confidence in this valuation is classified as low, primarily due to the limited data set derived from only three recent HDB resale transactions in the vicinity. This scarcity of comparable sales highlights the importance of careful consideration of the leasehold nature of the property. As buyers increasingly scrutinize lease lengths, properties with shorter leases may face additional pressure in achieving strong market performance. In the current climate, where market fluctuations are prevalent, potential investors should approach this valuation with a discerning eye, weighing the implications of lease duration against the surrounding market conditions.