3 Room (3NG) HDB for Sale in 102 Bedok North Avenue 4

The valuation of the 3-room HDB unit in Bedok, with a remaining lease of 51 years, stands at an estimated value of $344,669, translating to a price per square foot (PSF) of $391. This figure is notably positioned 30% above the baseline market value, indicating a robust demand for properties in this precinct. Such a premium suggests that buyers may be willing to pay a higher price for the unit, likely due to the area’s comprehensive amenities and connectivity, which continue to attract upward pressure on pricing.

However, it is essential to note that the model confidence for this valuation is categorized as low, reflecting potential volatility in the market dynamics. The analysis is derived from three recent HDB resale transactions within the vicinity, which may not fully capture the broader market trends or the influence of unique features specific to this property. The remaining lease of 51 years also plays a critical role in the valuation, as properties with shorter leases may face diminishing appeal over time. Investors and potential homebuyers should consider these factors carefully when evaluating the investment potential of this HDB unit in Bedok.