Common Room (HDB) for Rent in 426 Bedok North Road

The recent valuation of a 2-room HDB unit in Bedok, with a remaining lease of 52 years, has been estimated at $72,902, translating to a price per square foot (PSF) of $486. This valuation reflects a market price that is in line with the baseline, indicating a stable market condition with a 0% difference from the established baseline. The model’s confidence in this valuation is rated as high, bolstered by the analysis of 28 recent HDB resale transactions in the vicinity, which provides a robust dataset for comparative assessment.

Bedok has consistently demonstrated resilient property values, particularly in the HDB segment, where demand remains strong despite the varying lease tenures. The remaining 52 years on the lease is indicative of a property that, while not at the maximum lease period, still holds significant value for potential buyers looking for affordable housing options in a well-established neighborhood. Given the current market dynamics and the high confidence level of the valuation, this property represents a compelling opportunity for investors and homebuyers alike, suggesting a balanced approach to value appreciation in the coming years.