3 Room (3NG) HDB for Rent in 92 Bedok North Avenue 4

In the vibrant neighborhood of Bedok, the valuation of a 3-room HDB unit reflects the intricate dynamics of the current real estate market, specifically with a remaining lease of 51 years and an estimated value of $286,035, translating to $397 per square foot. The property sits at a market price with no variance from the baseline, indicating a stable yet cautious market sentiment among potential buyers and investors. This equilibrium suggests that despite the property’s age and remaining lease term, demand for HDB units in Bedok remains resilient, bolstered by the area's accessibility and community amenities.

However, it is important to note that the model confidence in this valuation is classified as low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. Such a narrow data pool may not fully capture the broader market trends or fluctuations that could influence pricing. Consequently, while the current valuation reflects a steady state, potential buyers should remain vigilant and consider the implications of the unit's remaining lease and the potential for future appreciation or depreciation as the balance of supply and demand continues to evolve in Singapore's real estate landscape.