Room (HDB) for Rent in 107 Bedok Reservoir Road

The valuation of the HDB 2-room unit in Bedok, with a remaining lease of 58 years, stands at an estimated value of $84,186, equating to a price per square foot (PSF) of $561. This valuation reflects a market signal that is in perfect alignment with the baseline, indicating a stable demand and supply equilibrium in the local HDB market. The strong confidence level of the model, rated as high, is substantiated by a thorough analysis of 21 recent resale transactions within the vicinity, showcasing a reliable dataset that underpins the valuation accuracy.

In the current market dynamics, the resilience of HDB prices in Bedok can be attributed to several key factors:

• Location Appeal: Bedok is a well-established residential area with robust amenities and transport links, making it a sought-after locale for potential homeowners.
• Lease Tenure: With 58 years remaining on the lease, the property is positioned within a favorable bracket that appeals to both first-time buyers and investors, balancing affordability with long-term potential.
• Market Stability: The absence of price fluctuation (0% difference from baseline) signals a stable market environment, providing confidence to buyers regarding future value retention.

In conclusion, this HDB unit not only represents a sound investment opportunity but also exemplifies the overall health of the Bedok property market, characterized by consistent demand and a strategic location that enhances its appeal.