3 Room (3NG) HDB for Sale in 412 Bedok North Avenue 2

The valuation of the HDB 3 Room property in Bedok, with a remaining lease of 51 years, stands at an estimated value of $310,478, translating to a price per square foot (PSF) of $431. This valuation positions the property significantly above the market average, with a remarkable 61% differential from the baseline. Such a premium suggests a strong demand for HDB properties in the Bedok area, reflecting the neighborhood's appeal and the desirability of its amenities.

Our analysis is underpinned by data derived from 452 recent HDB resale transactions within the vicinity, offering a robust empirical foundation for this valuation. The high model confidence level indicates a reliable assessment, taking into account both current market dynamics and historical pricing trends. As the remaining lease period is a critical consideration in HDB valuations, the 51-year lease still provides ample opportunity for prospective buyers, allowing them to invest in a property that, despite its age, retains significant market attractiveness. This valuation not only highlights the immediate market conditions but also signals the potential for continued appreciation in this vibrant residential locale.