3-Room HDB for Room Rent: 113 Bedok Reservoir Road

The valuation of the HDB 3-room property located in Bedok, with a remaining lease of 58 years, stands at an estimated value of $80,153, translating to a price per square foot (PSF) of $501. This valuation is particularly noteworthy given that it reflects a market price that is in alignment with the baseline, indicating a 0% difference. Such stability in pricing is indicative of a balanced market environment, where demand and supply are in equilibrium, allowing for a confident assessment of property value.

With a high model confidence rating, derived from a comprehensive analysis of 108 recent HDB resale transactions in the vicinity, this valuation is substantiated by robust market data. The remaining lease period of 58 years is a critical factor that potential buyers should consider, as it may impact future resale value and marketability. However, the current valuation suggests a resilient demand for HDB properties in the Bedok area, underscoring its appeal as a desirable residential location amidst Singapore's evolving real estate landscape.