5 Room (5A) HDB for Rent in 407 Bedok North Avenue 3

The valuation of the 5-room HDB property in Bedok, with a remaining lease of 52 years, stands at an estimated value of $597,680, translating to a price per square foot (PSF) of $471. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting a stable demand in this segment of the HDB market. The absence of significant fluctuations may imply a balanced equilibrium between supply and demand, yet it also underscores a cautious market environment amidst broader economic uncertainties.

It is noteworthy that this valuation is derived from a limited dataset, specifically based on only one recent HDB resale transaction in the vicinity. This factor contributes to a low model confidence level, indicating that the valuation may not fully encapsulate the prevailing market dynamics. As such, potential buyers and investors should remain vigilant and consider broader market indicators and trends when evaluating this property. The remaining lease of 52 years is a critical aspect, as it may influence buyer sentiment and long-term investment viability, particularly in a market where lease tenure is a significant consideration for homebuyers.