3 Room (3I) HDB for Rent in 117 Bedok Reservoir Road

The valuation of the HDB 3-room unit in Bedok, with a remaining lease of 58 years, stands at an estimated value of $362,600, translating to $496 per square foot. This price reflects a stable market condition, as indicated by the 0% difference from the baseline market price. The analysis draws from a robust dataset of nine recent HDB resale transactions in the vicinity, providing a reliable benchmark for potential buyers and investors.

In the current market dynamics, the medium model confidence suggests a balanced sentiment among stakeholders, influenced by factors such as the longevity of the remaining lease and the general demand for HDB properties in Bedok. As lease decay becomes a consideration for prospective buyers, properties with over 50 years remaining are likely to attract a diverse range of buyers, from young families to investors seeking long-term value. This unit's positioning within a vibrant neighborhood further enhances its appeal, making it a noteworthy option for those looking to enter the Bedok property market.