3 Room (3NG) HDB for Sale in 102 Bedok North Avenue 4

The valuation of the 3-room HDB unit in Bedok, with a remaining lease of 51 years, stands at an estimated value of $344,669, translating to a price per square foot (PSF) of $391. This valuation reflects a significant market signal, indicating that it is priced approximately 32.9% above the baseline market value. Such a premium suggests strong demand for HDB properties in this region, likely driven by Bedok's desirable amenities and connectivity, which continue to attract buyers despite the relatively shorter lease term.

However, it is crucial to note the low model confidence associated with this valuation, primarily due to the limited dataset of only three recent HDB resale transactions in the vicinity. This scarcity of comparable sales may lead to fluctuations in perceived value, influenced by buyer sentiment and external market conditions. As the remaining lease diminishes, potential buyers may exhibit caution, weighing the implications of future lease expiry against the current pricing dynamics. Stakeholders in the real estate market should therefore consider both the attractive location and the nuances of lease duration when assessing investment opportunities in this segment.