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

The valuation of the HDB 4-room unit in Bedok, set at an estimated value of $65,985 (or $508 PSF), reflects a stable market condition, with a notable 0% difference from the baseline market price. This consistency suggests a balanced demand and supply scenario within the local HDB resale market, indicating a resilient community appeal that continues to attract prospective buyers despite the remaining lease of 58 years. The property’s valuation is strongly supported by data derived from 87 recent HDB resale transactions in the vicinity, which reinforces the reliability of the market signals at play.

Furthermore, the high model confidence indicates a robust analytical framework in assessing the property’s worth, taking into account various market dynamics and regional performance indicators. The extended lease period, while not the longest, still offers a significant window for appreciation potential, aligning with the broader trends observed in the HDB market across Singapore. Investors and homeowners alike should note that the stability in pricing, coupled with a strong local community infrastructure, positions this Bedok unit as an attractive asset within the current real estate landscape.