5 Room (5STD) HDB for Rent in 428 Bedok North Road

The valuation of the HDB 5-room unit in Bedok, with a remaining lease of 52 years, stands at an estimated value of $491,013, reflecting a price per square foot (PSF) of $409. This valuation is significant within the context of the current market dynamics, as it indicates a stable market position with a 0% difference from the baseline price. Such stability suggests that the property is well-aligned with prevailing market conditions, maintaining its value amidst the fluctuations that can often characterize the real estate sector.

The model confidence for this valuation is rated as high, bolstered by an extensive analysis of 172 recent HDB resale transactions within the vicinity. This robust dataset provides a comprehensive overview of market trends and buyer sentiment, reinforcing the strong market signal associated with this property. As the remaining lease period is a critical factor for HDB valuations, a 52-year lease remains attractive to potential buyers, particularly in a mature estate like Bedok, known for its accessibility and community amenities.