4-Room HDB for Room Rent: 118 Bedok Reservoir Road

The valuation of the 4-room HDB property located in Bedok, with a remaining lease of 58 years, stands at an estimated value of $65,985, translating to a price per square foot (PSF) of $508. This valuation is indicative of the stability within the Bedok precinct, a highly sought-after residential area characterized by its robust community amenities and accessibility. The current market price reflects a 0% difference from the baseline, suggesting that the property is priced in alignment with prevailing market conditions, thereby underscoring its competitive positioning.

With a model confidence rating classified as high, this valuation is derived from an extensive analysis of 87 recent HDB resale transactions in the vicinity. This comprehensive data set provides a solid foundation for understanding the local market dynamics and trends. The remaining lease of 58 years is a critical factor, as it influences buyer sentiment and investment potential. As such, prospective buyers can approach this property with confidence, knowing that its valuation is well-supported by empirical data and market realities.