3 Room (3NG) HDB for Rent in 409 Bedok North Avenue 2

The valuation of the 3-room HDB unit in Bedok, with a remaining lease of 52 years, stands at an estimated value of $414,522, equating to a price per square foot (PSF) of $470. This valuation reflects a market signal that indicates no deviation from the baseline, suggesting a stable price point in a region characterized by consistent demand. Given the current market dynamics, this property appears to be in alignment with recent trends observed in the HDB resale market.

However, it is important to note that the model confidence for this valuation is classified as low. This may be attributed to the limited number of comparable transactions—only three recent HDB resale transactions have been analyzed in the vicinity, which can lead to fluctuations in perceived value due to unique property attributes or local market variations. As such, potential buyers and investors should proceed with a degree of caution, particularly when considering the implications of the remaining lease length, which may impact future resale prospects.