5-Room HDB for Room Rent: 613 Bedok Reservoir Road

The valuation of the HDB 5 Room property in Bedok, with a remaining lease of 53 years, stands at an estimated value of $83,576, translating to a price per square foot (PSF) of $464. This valuation reflects a stable market condition, as indicated by the market price being aligned with the baseline, showing a 0% difference. Such stability implies a balanced demand and supply landscape, suggesting that potential buyers are currently willing to transact at the assessed value without significant premium or discount.

With a robust model confidence rating of high, this valuation is supported by a comprehensive analysis of 423 recent HDB resale transactions in the vicinity. The strong transactional data points to a consistent interest in the Bedok district, which is known for its accessibility and community amenities. As the remaining lease is a critical factor in HDB valuations, the 53-year tenure offers prospective buyers a reasonable horizon for ownership, balancing long-term investment potential with current market dynamics. Overall, this property represents a compelling opportunity within the HDB landscape of Singapore.