Terraced House for Room Rent: Peakview Estate

In the current real estate landscape of Singapore, this HDB 2-room unit in Bedok is positioned uniquely with a remaining lease of 85 years, presenting a compelling opportunity for both first-time homebuyers and investors. The estimated value of $143,075, translating to a price per square foot (PSF) of $715, reflects a strategic alignment with current market conditions, demonstrating a stable valuation with no deviation from the baseline price. This equilibrium in pricing signals a balanced demand-supply dynamic, particularly significant in the context of the ongoing urban development initiatives in the Bedok area.

The model confidence in this valuation is rated as high, bolstered by an extensive analysis of 39 recent HDB resale transactions within the vicinity. This robust data set underscores the reliability of the valuation and suggests a sustained interest in HDB properties in Bedok, driven by both the area's amenities and the appeal of longer lease tenures. Investors and homeowners alike can find reassurance in the stability of this property, as the prolonged lease term enhances its attractiveness in a market increasingly favoring longevity and stability in real estate investments.