5 Bed Corner Terrace (Landed) for Sale in Meragi Road

The HDB Executive property located in Bedok, with a remaining lease of 75 years, has been appraised at an estimated value of $4,529,498, translating to $706 PSF. This valuation positions the property significantly above the market average, reflecting a remarkable 65.6% difference from the baseline. Such a premium price underscores the desirability of the Bedok vicinity, which has demonstrated robust demand dynamics among potential buyers. This trend is further corroborated by an extensive analysis of 113 recent HDB resale transactions in the area, indicating a strong market appetite for properties with prolonged leases and superior amenities.

The model confidence in this valuation is classified as high, suggesting a solid foundation of data and market behavior that supports this assessment. The substantial remaining lease of 75 years adds an intrinsic value to the property, making it an attractive option for families and investors alike. As the market continues to evolve, the Bedok area remains a beacon of stability and growth within Singapore's real estate landscape, highlighting the potential for capital appreciation in the years to come.