4-Room HDB for Room Rent: 45 Chai Chee Street

The valuation of the HDB 4-room unit in Bedok, with a remaining lease of 52 years, stands at an estimated value of $40,859, translating to a price per square foot (PSF) of $409. This pricing is positioned at the baseline market level, indicating a stable yet competitive market environment for similar properties within the vicinity. The market signal reflects a neutral stance, with no discernible deviation from the baseline, suggesting a balanced supply and demand dynamic in the local HDB market.

Our analysis is informed by a robust dataset comprising 202 recent HDB resale transactions in the Bedok area, reinforcing the high model confidence in this valuation. The remaining lease of 52 years is a critical factor, as it influences buyer sentiment and investment potential. In the current market landscape, properties with such lease durations are still attractive to both first-time buyers and investors, particularly in established neighborhoods like Bedok, which boasts strong amenities and connectivity. This valuation underscores the resilience of the HDB market in Singapore, particularly in sought-after locales.