Terraced House for Room Rent: Sea Breeze Terrace

The valuation of the HDB 4-room property in Bedok, with a remaining lease of 65 years, stands at an estimated value of $154,452, translating to a competitive price per square foot of $618. This valuation is indicative of a stable market environment, evidenced by a market price that shows no deviation from the baseline. Such stability suggests a well-balanced demand and supply scenario within the Bedok region, making it an attractive proposition for potential buyers and investors alike.

With a model confidence rating categorized as high, this valuation is backed by an extensive analysis of 500 recent HDB resale transactions in the vicinity. The consistency in pricing reflects the resilience of the Bedok property market, particularly for HDB units with significant remaining leases. As lease duration plays a crucial role in property valuation, the 65-year lease of this unit is a critical factor contributing to its estimated value, providing a reassuring length of tenure for prospective homeowners and investors looking for long-term appreciation in a sought-after location.