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, translating to a price per square foot (PSF) of $415. This valuation positions the property significantly above the market baseline, reflecting a notable 38% premium. Such a discrepancy suggests strong demand for HDB units in this mature estate, which continues to attract buyers due to its strategic location and robust community amenities.

The model confidence for this valuation is categorized as medium, indicating that while the analysis is grounded in recent market activity, there are inherent variabilities that may influence future pricing trends. This assessment is supported by a review of nine recent HDB resale transactions within the vicinity, underscoring the competitive landscape in Bedok. As the remaining lease diminishes, it is crucial for potential buyers to consider not only the current valuation but also the long-term implications of lease duration on property value retention and marketability.