3 Room (3I) HDB for Sale in 502 Bedok North Street 3

In the heart of Bedok, this HDB 3-room unit with a remaining lease of 51 years is currently valued at an estimated $265,812, translating to a price per square foot (PSF) of $419. This valuation marks a significant premium, being approximately 38.4% above the established market baseline. Such a disparity signals a potentially robust demand for HDB properties in this region, likely driven by Bedok's strategic location and its comprehensive amenities, which appeal to a diverse demographic.

However, it is essential to approach this valuation with caution, as the model confidence is rated as low, primarily due to the limited data set derived from only two recent resale transactions in the vicinity. This lack of extensive transactional evidence may suggest an anomaly in market behavior or transient buyer sentiment, impacting the reliability of the estimated value. As the remaining lease diminishes over time, potential buyers should consider the implications of leasehold duration on future resale potential and investment stability, especially in a competitive market environment where lease longevity plays a critical role in property desirability.