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

The valuation for the HDB Executive unit located in Bedok has been assessed at an estimated value of $4,529,498, translating to a robust $706 per square foot (PSF). This valuation not only reflects the intrinsic value of the property but also underscores a significant market signal, indicating a pricing level that is approximately 65.6% above the baseline. Such a premium suggests a strong demand for HDB properties in the Bedok area, likely driven by its strategic location, accessibility to amenities, and the enduring appeal of executive flats within this demographic.

With a remaining lease of 75 years, this HDB Executive unit benefits from a substantial leasehold period, which is a critical factor contributing to its elevated market position. The analysis is supported by a comprehensive review of 113 recent HDB resale transactions in the vicinity, reinforcing a high model confidence level in this valuation. The dynamics of the local real estate market, combined with the property’s unique attributes, position it as a highly sought-after asset, reflecting the ongoing desirability of HDB living in Singapore.