724 Bedok Reservoir Road 470724, Bedok Reservoir, East Region, Singapore
$600,000
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Total Transactions
148
Average Price
S1.3M
Total Value
S194.3M
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg)
Fair Value
S$520,577
S$461 psf
Asking Price
S$600,000
S$531 psf
vs Market
+15.3%
vs Last Done
+5.4%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Bedok Reservoir
414m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$539
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$461
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 724 BEDOK RESERVOIR RD Floor 04 TO 06 | 1,130sqft | S$570,000 | ▲S$504 +9.3% vs FV | 99yr from 1984 |
Apr 2026 | Blk 724 BEDOK RESERVOIR RD Floor 04 TO 06 | 1,130sqft | S$570,000 | ▲S$504 +9.3% vs FV | 99yr from 1984 |
Mar 2026 | Blk 724 BEDOK RESERVOIR RD Floor 13 TO 15 | 1,109sqft | S$610,000 | ▲S$550 +19.3% vs FV | 99yr from 1984 |
Aug 2025 | Blk 724 BEDOK RESERVOIR RD Floor 10 TO 12 | 1,109sqft | S$623,000 | ▲S$562 +21.9% vs FV | 99yr from 1984 |
Blk 724 BEDOK RESERVOIR RD
Apr 2026 · Floor 04 TO 06
+9.3% vs FV
Blk 724 BEDOK RESERVOIR RD
Apr 2026 · Floor 04 TO 06
+9.3% vs FV
Blk 724 BEDOK RESERVOIR RD
Mar 2026 · Floor 13 TO 15
+19.3% vs FV
Blk 724 BEDOK RESERVOIR RD
Aug 2025 · Floor 10 TO 12
+21.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room property in Bedok, with a remaining lease of 57 years, stands at an estimated value of $520,577, translating to a price per square foot (PSF) of $461. This valuation is particularly noteworthy as it indicates a significant market signal, being positioned 15.3% above the baseline. Such an uplift suggests a robust demand for HDB properties in this region, reflecting a growing interest among buyers who are willing to pay a premium, potentially due to the area's strategic location and amenities.
However, it is essential to approach this valuation with caution, as the model confidence is rated as low, based on only three recent resale transactions in the vicinity. This limited dataset may not fully capture the broader market dynamics or the specific attributes of the subject property. The remaining lease of 57 years also plays a critical role in the valuation process, with longer leasehold properties often commanding different market perceptions compared to those with shorter leases. As such, while the current valuation suggests a healthy market appetite, prospective buyers should consider comprehensive analyses and personal financial assessments before proceeding.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.