Terraced House for Room Rent: Kew Residencia

This valuation report highlights a 2-room HDB unit located in the highly sought-after Bedok area, with a remaining lease of 70 years. The estimated value of the property is pegged at $122,635, translating to $681 PSF. This valuation reflects the current market dynamics, where the property price indicates a 0% difference from the baseline, suggesting stability in the local HDB resale market.

The model confidence for this valuation is classified as high, bolstered by a robust data set comprising 39 recent HDB resale transactions in the vicinity. This level of confidence underscores the resilience of the Bedok real estate market, as well as its appeal to potential buyers seeking both affordability and longevity in their property investments. The remaining lease of 70 years positions this unit favorably, as it continues to cater to buyers who prioritize long-term value retention in the evolving landscape of Singapore's housing market.