5 Room (5I) HDB for Sale in 413 Bedok North Avenue 2

The valuation of the HDB 5-room unit in Bedok, with a remaining lease of 51 years, stands at an estimated value of $532,113, translating to a price per square foot (PSF) of $415. This assessment reflects a significant market signal, as it is positioned 39.1% above the baseline, indicating a robust demand for HDB properties within this locality. This premium valuation can be attributed to several factors, including the strategic location of Bedok, which offers excellent connectivity and a thriving community, making it an attractive choice for both families and investors.

Our analysis is backed by data from 8 recent HDB resale transactions in the vicinity, affirming the model's medium confidence level in this valuation. The extended lease period of 51 years is particularly noteworthy, as it provides potential buyers with a considerable horizon for investment. In the current market dynamics, properties with a longer lease duration tend to fetch higher premiums, particularly in well-established neighborhoods like Bedok. As demand continues to rise in this region, the HDB 5-room unit not only presents a valuable opportunity but also exemplifies the upward trajectory of HDB prices in Singapore's evolving real estate landscape.