Master Room (HDB) for Rent in 702 Bedok Reservoir Road

The valuation of the HDB 2-room unit in Bedok, with a remaining lease of 53 years, stands at an estimated value of $87,034, translating to a price per square foot (PSF) of $512. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting that the unit's pricing aligns with current market trends. The stability of the price indicates a balanced demand and supply scenario within the locality, positioning this unit as a competitive option for potential buyers seeking affordable housing in the vibrant Bedok precinct.

Analyzing the underlying market dynamics, this valuation is supported by insights from 13 recent HDB resale transactions in the area, which provide a robust data set for comparison. The medium confidence level reflects a fair degree of reliability in the valuation process, underscoring the need for potential investors to consider the remaining lease duration. With 53 years left on the lease, buyers should weigh the implications on future resale value and adaptability to changing market conditions. In conclusion, this property presents a noteworthy opportunity for those looking to enter the Bedok real estate market, given its strategic location and stable pricing amidst the evolving landscape of HDB properties.