4 Room HDB for Sale in 748B Bedok Reservoir Crescent

The recent valuation of the HDB 4-room unit in Bedok, with a remaining lease of 87 years, stands at an estimated value of $1,160,829, translating to $1,027 PSF. This valuation reflects a market signal indicating a slight 1.7% difference from the baseline, suggesting a relatively stable demand in the area. The proximity to essential amenities and transport links significantly contributes to the property's desirability, reinforcing its value in the competitive HDB market. However, it is important to note that the model confidence for this valuation is classified as low, indicating that further market fluctuations could impact the reliability of this estimate.

Analyzing the recent trends, the valuation is based on a review of 5 recent HDB resale transactions in the vicinity, which provides a foundational understanding of the local market dynamics. The Bedok area has been experiencing a steady interest from both buyers and investors, attributed to its strategic location and the potential for future growth. As the HDB lease diminishes, the urgency for prospective buyers to invest in properties with longer remaining leases may intensify, thereby affecting future resale values. Stakeholders should remain vigilant to these market signals as they navigate the evolving landscape of Singapore's real estate sector.