Common Room (HDB) for Rent in 139 Bedok North Avenue 3

This analytical summary delves into the valuation of a 2-room HDB unit located in the vibrant district of Bedok, which carries a remaining lease of 51 years. The estimated value of this property stands at $71,786, translating to a price per square foot (PSF) of $479. This valuation is particularly noteworthy as it reflects a market price that shows no deviation from the established baseline, indicating a stable environment for HDB transactions within the area.

The market dynamics surrounding this valuation are underscored by a model confidence rating of medium, derived from a comprehensive analysis of 13 recent HDB resale transactions in the vicinity. This level of confidence suggests a reasonable degree of reliability in the estimated value, although potential fluctuations in market sentiment should be monitored closely. As the remaining lease of 51 years is a critical factor affecting HDB valuations, potential buyers should consider this alongside the overall market conditions and the unique characteristics of the Bedok area, known for its accessibility and community amenities.