3 Room (3NG) HDB for Sale in 41 Chai Chee Street

The valuation of the HDB 3-room unit in Bedok, with a remaining lease of 52 years, stands at an estimated value of $398,469, translating to $452 per square foot (PSF). This figure is notably above the market baseline, demonstrating a significant 20.5% premium compared to comparable properties. Such an increase in valuation can be attributed to several market dynamics, including heightened demand for residential properties in Bedok, a well-established neighborhood known for its accessibility and amenities.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This limited dataset may not fully capture the nuances of the current market conditions, including fluctuations in buyer sentiment and the impact of the remaining lease period on long-term value appreciation. Potential buyers should consider these factors carefully, as the remaining lease of 52 years may influence future resale possibilities and overall investment viability in this vibrant yet competitive market.