3 Room (3NG) HDB for Rent in 204 Bedok North Street 1

The valuation of the HDB 3 Room unit located in Bedok, with a remaining lease of 52 years, is estimated at $358,336 or $488 PSF. This valuation reflects a market price that is consistent with the baseline, indicating a 0% difference. The stability in pricing suggests that the unit is competitively positioned within the local market, despite the inherent risks associated with a shorter remaining lease period.

However, the model confidence in this valuation is classified as low, primarily due to the reliance on just two recent HDB resale transactions in the vicinity. This limited data pool may not fully capture the nuanced dynamics of the current real estate landscape in Bedok. Potential buyers should exercise caution, considering the implications of the remaining lease and how it may influence future resale value and overall market demand. The interplay between lease longevity and market sentiment is crucial in determining the attractiveness of such properties in today’s fluctuating market.