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

The valuation of the HDB 5-room property located 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 is significant in the current market landscape, as it indicates a stable position with a market price that reflects a zero percent difference from the baseline. Such equilibrium suggests a well-balanced demand and supply scenario, indicating that the property is priced appropriately in relation to recent transactions in the vicinity.

Our analysis, supported by insights drawn from 423 recent HDB resale transactions in the area, showcases a high model confidence level. This robust data foundation underscores the reliability of the valuation, particularly as it pertains to leasehold properties like this one. The remaining lease of 53 years is a crucial factor, as it influences buyer sentiment and investment potential. In a market environment where lease duration plays an increasingly vital role in value perception, this property holds a strategic advantage, maintaining its attractiveness amidst shifting market dynamics.