Common Room (HDB) for Rent in 403 Bedok North Avenue 3

The valuation of the HDB 2-room unit in Bedok, with a remaining lease of 53 years, stands at an estimated value of $99,072, equating to $495 per square foot (PSF). This valuation reflects a market price that is precisely aligned with the baseline, indicating a stable demand and supply dynamic in this locality. The absence of deviation from the baseline suggests a balanced market environment where buyers and sellers are engaging at a fair price point, reflective of current market sentiment and economic conditions.

Analysis based on 14 recent HDB resale transactions within the vicinity provides a solid foundation for this valuation, highlighting the consistent price performance characteristic of the Bedok area. The medium confidence level associated with this model suggests that while the data is robust, fluctuations in buyer sentiment and external economic factors can still influence market performance. The remaining lease of 53 years may appeal to a demographic seeking affordability without significant long-term commitments, further contributing to the property's attractiveness in the current market landscape.