3 Room (3A) HDB for Rent in 117 Bedok Reservoir Road

The valuation of the HDB 3-room unit in Bedok, with a remaining lease of 58 years, stands at an estimated value of $357,640, translating to a price per square foot (PSF) of $496. This valuation is particularly noteworthy as it reflects a market price that is in perfect alignment with the baseline, indicating a stable demand environment for HDB properties in the area. The absence of deviation from the baseline suggests a balanced equilibrium between buyers and sellers, reinforcing confidence in the sustainability of property values within this segment.

Analysis based on nine recent HDB resale transactions in the vicinity further supports this valuation, showcasing a medium level of model confidence. The relatively steady market dynamics may be attributed to the attractiveness of Bedok, which has consistently maintained its appeal due to its strategic location, robust transport links, and comprehensive amenities. As such, the remaining lease of 58 years should be viewed in the context of the overall market sentiment, where long-term viability and investment potential remain critical considerations for prospective buyers in this vibrant district.