3 Room (3A) HDB for Rent in 617 Bedok Reservoir Road

The valuation of the HDB 3 Room property in Bedok, with a remaining lease of 54 years, stands at an estimated value of $299,331, translating to $464 PSF. This valuation is grounded in a thorough analysis of the current market dynamics, drawing insights from 290 recent HDB resale transactions in the vicinity, which bolster the model's confidence rating at High. Such a robust dataset allows for an accurate portrayal of the property's position within the local real estate landscape.

Notably, the market signal reflects a 0% difference from the baseline, indicating a balanced equilibrium between supply and demand for similar properties in the area. This equilibrium suggests that the market is stabilizing, which is particularly relevant for prospective buyers and investors looking at long-term value retention and growth. The remaining lease of 54 years provides a reasonable horizon for investment, given that Bedok is a well-established residential enclave with continual demand for HDB units, making it an attractive option for families and individuals alike.