4 Room (4NG) HDB for Rent in 111 Bedok North Road

The valuation of the HDB 4-room property located in Bedok, with a remaining lease of 50 years, has been assessed at an estimated value of $457,466, translating to a price per square foot (PSF) of $462. This valuation reflects the current market conditions, showing a price alignment with the baseline, indicating a 0% difference from the average market rate. Such stability in pricing suggests a relatively balanced supply-demand dynamic in the Bedok area, where the property is situated. However, the model confidence is classified as low, suggesting that the valuation may be subject to fluctuations based on broader market trends and localized factors.

It is important to note that the confidence in this valuation is primarily supported by a limited dataset, with only one recent HDB resale transaction in the vicinity. This constraint underscores the necessity for potential buyers and investors to consider the implications of leasehold tenure, particularly with a remaining lease of 50 years, which may influence future resale value and buyer interest. In a market characterized by a growing trend towards shorter leasehold periods, prospective purchasers should exercise due diligence in assessing their investment horizon and the long-term viability of such properties in the evolving real estate landscape of Singapore.