Common Room (HDB) for Rent in 23 Bedok South Avenue 1

The valuation of the HDB 2-room unit in Bedok, with a remaining lease of 49 years, stands at an estimated value of $56,499, translating to a price per square foot (PSF) of $471. This appraisal reflects current market conditions, with the property exhibiting a market price that shows a 0% difference from the baseline, indicating a stable valuation amidst fluctuating market dynamics. The consistency in pricing suggests that the property is well-positioned within the local market, appealing to potential buyers seeking affordability without compromising on location.

Our analysis is bolstered by data from 13 recent HDB resale transactions in the vicinity, which reinforces the model confidence at a medium level. This metric signifies that while the data is reliable, market variables such as demand fluctuations and potential infrastructural developments in Bedok could influence future valuations. The remaining lease of 49 years is a crucial element in the property’s appeal, as it offers a substantial duration for residential use, aligning well with the preferences of both investors and owner-occupiers who value long-term habitation. As such, this property represents a compelling opportunity in a competitive market landscape.