5 Room (5A) HDB for Sale in 715 Bedok Reservoir Road

The valuation of the HDB 5-room unit in Bedok, currently estimated at $584,212 or $449 PSF, presents a compelling case for potential investors and homeowners alike. With a remaining lease of 53 years, this property is positioned in a market that is exhibiting a notable 22.4% premium above the baseline, indicating a robust demand and desirability within the Bedok locality. This increase may reflect various factors, including enhanced infrastructural developments and the appeal of the neighborhood, which is known for its vibrant community amenities.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily based on only three recent HDB resale transactions in the vicinity. This limited data set introduces a degree of uncertainty regarding the sustainability of such a premium. Potential buyers and investors should exercise caution and consider the implications of the remaining lease duration, as lease decay can influence future marketability and value recovery. In summary, while the current valuation signals a bullish market sentiment, prospective stakeholders are advised to conduct thorough due diligence to navigate the intricacies of the Singapore HDB market effectively.