4 Bed Terraced House (Landed) for Sale in East View Garden

The valuation of the 4-room HDB property located in Bedok, with a remaining lease of 50 years, stands at an estimated value of $3,142,445, translating to a price per square foot of $490. This valuation is notably positioned above the market average, with a significant 138.7% difference from the baseline value. Such a premium valuation suggests strong demand in the Bedok area, reflecting the desirability of the location and the characteristics of the property itself.

Market dynamics indicate a robust interest in HDB properties, particularly in well-established neighborhoods like Bedok. The model confidence for this valuation is classified as high, bolstered by data derived from 500 recent HDB resale transactions in the vicinity. This indicates not only a reliable dataset but also a significant volume of comparable sales that reinforce the valuation's accuracy. The remaining lease of 50 years plays a crucial role in this assessment, as properties with extended lease durations tend to attract premium pricing among buyers due to their potential for long-term residency and investment stability.