3 Room (3I) HDB for Rent in 76 Bedok North Road

The valuation of the HDB 3 Room property located in Bedok, with a remaining lease of 50 years, stands at an estimated value of $268,083, translating to a price per square foot (PSF) of $422. This valuation is indicative of a stable market condition, as it reflects a market price with a 0% difference from the baseline, suggesting that the property is priced accurately relative to comparable listings in the vicinity.

With a strong model confidence rating of high, this valuation is substantiated by an analysis of 452 recent HDB resale transactions in the area, indicating a robust demand for HDB units in Bedok. The 50-year remaining lease is a key factor in the pricing dynamics, as properties with extended lease durations typically attract more interest among buyers, particularly first-time homebuyers and investors. As the market evolves, it will be essential to monitor the fluctuations in demand and supply, as well as any potential policy changes that could impact the HDB market landscape.