Master Room (HDB) for Rent in 17 Bedok South Road

The valuation of the HDB 2-room unit in Bedok, with a remaining lease of 48 years, stands at an estimated value of $54,275, translating to a price per square foot (PSF) of $460. This figure indicates a market price that is stable, with a 0% difference from the baseline, suggesting that the property is effectively aligned with current market expectations. The surrounding area has seen a consistent flow of HDB resale transactions, with six recent sales providing a foundational basis for this valuation.

However, the model confidence for this valuation is rated as low, indicating potential volatility in the market dynamics that could affect future pricing. Factors such as the length of the remaining lease, the overall demand for HDB units in Bedok, and broader economic conditions should be considered by prospective buyers and investors. With 48 years remaining, the leasehold status may impact the property’s long-term appreciation potential, especially in a competitive market landscape where lease durations are a critical aspect of valuation.