724 Bedok Reservoir Road 470724, Bedok Reservoir, East Region, Singapore
$648,000

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Total Transactions
148
Average Price
S1.3M
Total Value
S194.3M
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$532,928
S$472 psf
Asking Price
S$648,000
S$574 psf
vs Market
+21.6%
vs Last Done
+5.5%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Bedok Reservoir
414m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$552
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$472
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 724 BEDOK RESERVOIR RD Floor 04 TO 06 | 1,130sqft | S$615,000 | ▲S$544 +15.3% vs FV | 99yr from 1984 |
Apr 2026 | Blk 724 BEDOK RESERVOIR RD Floor 04 TO 06 | 1,130sqft | S$615,000 | ▲S$544 +15.3% vs FV | 99yr from 1984 |
Mar 2026 | Blk 724 BEDOK RESERVOIR RD Floor 13 TO 15 | 1,109sqft | S$610,000 | ▲S$550 +16.5% vs FV | 99yr from 1984 |
Aug 2025 | Blk 724 BEDOK RESERVOIR RD Floor 10 TO 12 | 1,109sqft | S$623,000 | ▲S$562 +19.1% vs FV | 99yr from 1984 |
Blk 724 BEDOK RESERVOIR RD
Apr 2026 · Floor 04 TO 06
+15.3% vs FV
Blk 724 BEDOK RESERVOIR RD
Apr 2026 · Floor 04 TO 06
+15.3% vs FV
Blk 724 BEDOK RESERVOIR RD
Mar 2026 · Floor 13 TO 15
+16.5% vs FV
Blk 724 BEDOK RESERVOIR RD
Aug 2025 · Floor 10 TO 12
+19.1% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB property in Bedok, with a remaining lease of 57 years, stands at an estimated value of $532,928, translating to $472 PSF. Notably, this valuation is positioned 21.6% above the market baseline, indicating a potential premium for this unit compared to similar properties in the region. This elevated pricing may reflect localized demand dynamics or unique selling propositions associated with this particular listing, which could include enhanced amenities or favorable proximity to essential services and transportation links.
However, it is crucial to note the low model confidence surrounding this estimation, which stems from an analysis based on only three recent HDB resale transactions in the vicinity. Such limited data may lead to fluctuations in valuation accuracy, especially considering the complexities inherent in HDB market dynamics and the implications of a diminishing lease. Buyers should exercise caution and conduct thorough due diligence, particularly in assessing the long-term implications of the remaining lease period on property appreciation and resale potential.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.