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

The current valuation for the 3-room HDB property in Bedok, with a remaining lease of 58 years, stands at an estimated value of $359,239, equating to a price per square foot (PSF) of $491. This valuation reflects a stable market signal, indicating no deviation from the baseline price, which suggests a well-balanced demand and supply scenario in the locality. The medium confidence level in this model highlights the volatility often associated with HDB transactions, particularly in areas experiencing fluctuating market dynamics.

Recent analysis of ten comparable HDB resale transactions in the vicinity reinforces the valuation accuracy, establishing a benchmark for prospective buyers and investors. Bedok, known for its vibrant community and accessibility, continues to attract interest, yet the remaining lease of 58 years is a crucial consideration for buyers, potentially influencing future resale values and investment returns. As the market evolves, it will be essential for stakeholders to monitor lease durations and regional developments that may impact property desirability and pricing trends in this segment.