5 Room (5A) HDB for Rent in 516 Bedok North Avenue 2

The valuation of the HDB 5-room unit in Bedok, with a remaining lease of 52 years, stands at an estimated value of $549,837, translating to approximately $423 per square foot. This valuation is noteworthy as it reflects a market price that shows no deviation from the baseline, indicating a stable pricing environment in the current real estate landscape. Such equilibrium suggests a cautious yet firm demand for HDB properties in the Bedok area, which is known for its accessibility and community amenities.

However, the model confidence for this valuation is rated as low, primarily based on a limited dataset of only six recent HDB resale transactions in the vicinity. This lack of robust transactional data may indicate volatile market conditions or potential fluctuations in buyer sentiment, which could impact future pricing dynamics. Investors and homeowners should exercise due diligence and consider the implications of the remaining lease period, as properties with shorter leases may face increased challenges in securing competitive market prices in the years to come.