Common Room (HDB) for Rent in 116 Bedok Reservoir Road

The valuation of the HDB 2 Room unit in Bedok, with a remaining lease of 58 years, stands at an estimated value of $86,662, translating to a price per square foot (PSF) of $578. This valuation reflects a market signal indicating no deviation from the baseline, suggesting a stable pricing environment for similar properties in the area. Such stability may be attributed to the consistent demand for HDB units in Bedok, which, being a well-established residential precinct, continues to attract homeowners and investors alike.

With a model confidence rating of high, this valuation is supported by a robust analysis of 21 recent HDB resale transactions within the vicinity. The data indicates a balanced market where prices are stabilizing, likely due to the remaining lease period of the property. As properties with longer leases generally command higher prices, the 58-year lease in this instance provides a solid foundation for investment potential, ensuring that the property remains competitive amidst the dynamic landscape of Singapore's real estate market.