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

The valuation of the HDB 3 Room unit 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 figure reflects a market signal of 0% difference from the baseline, indicating that the property is currently priced in line with prevailing market conditions. Such stability suggests that the demand for HDB units in this locality remains consistent, with no significant upward or downward pressure on prices at this juncture.

With model confidence rated as high, this valuation is bolstered by an analysis of 108 recent HDB resale transactions in the vicinity, providing a robust dataset that underscores the reliability of the estimated value. The 58-year remaining lease is a critical factor influencing price perceptions, as properties with longer leases are typically favored by buyers for their longevity and investment potential. As the market continues to evolve, stakeholders should remain vigilant to the dynamics of leasehold properties, particularly in established districts like Bedok, where the balance of supply and demand will dictate future price trajectories.