4-Room HDB for Room Rent: 123 Bedok Reservoir Road

The valuation of the HDB 4 Room property in Bedok, with a remaining lease of 59 years, stands at an estimated value of $89,559, equating to a price per square foot (PSF) of $597. This valuation reflects a market price that is aligned with the baseline, indicating a stable yet cautious sentiment within the local real estate sector. The absence of price fluctuation suggests that the property is currently seen as a good representation of market conditions, although the low model confidence score indicates that further market indicators may be required for a more robust valuation.

Given the reliance on only one recent HDB resale transaction in the vicinity, it is essential to consider the implications of limited data on the overall market dynamics. The property’s remaining lease is a critical factor, as HDB flats typically experience depreciation in value as the lease term shortens. Investors and homeowners should remain vigilant of the broader economic context and changing buyer preferences, which could influence future valuations in Bedok. As market confidence evolves, ongoing monitoring of resale trends and leasehold considerations will be paramount in making informed decisions moving forward.