3 Room (3NG) HDB for Sale in 117 Bedok North Road

The valuation of the HDB 3-room unit in Bedok, with a remaining lease of 50 years, stands at an estimated value of $326,087, equating to a price per square foot of $415. This figure positions the property significantly above the market baseline, reflecting a 38% premium compared to similar units in the vicinity. This elevated valuation suggests strong demand dynamics in the area, driven by factors such as the proximity to amenities, transport links, and a desirable community environment.

However, it is essential to note that the model confidence for this valuation is classified as medium, indicating that while the analysis is supported by nine recent HDB resale transactions, there may be underlying market fluctuations that could affect the final selling price. The remaining lease period of 50 years is a critical factor in this valuation, as it offers a unique outlook for potential buyers who may weigh the longevity of the lease against the premium price. As the Bedok area continues to evolve, monitoring future transaction trends will be vital for understanding the continued appeal of HDB properties in this locale.