4-Room HDB for Room Rent: 147 Bedok Reservoir Road

The valuation of the HDB 4-room unit in Bedok, with a remaining lease of 60 years, stands at an estimated value of $101,925, equating to a price per square foot (PSF) of $566. This valuation reflects a stable market price, showing no deviation from the baseline, indicating a balanced demand and supply in the immediate vicinity. Such a scenario suggests that the market sentiment remains neutral, with potential buyers weighing their options carefully amidst broader economic considerations.

It is essential to note that the model confidence for this valuation is classified as low, which may imply variability in the local market dynamics. The estimation is grounded in the analysis of five recent HDB resale transactions in the area, indicating that while comparable sales provide a framework for valuation, the inherent uncertainties related to market fluctuations and buyer sentiment should not be overlooked. As the remaining lease approaches the latter half of its duration, prospective buyers may exhibit cautiousness, impacting overall demand. Hence, stakeholders should remain vigilant to emerging trends and shifts in the Bedok HDB market landscape.