3 Room (3I) HDB for Sale in 535 Bedok North Street 3

The valuation of the HDB 3-room unit in Bedok, with a remaining lease of 53 years, stands at an estimated value of $305,386, translating to $473 per square foot. This valuation is positioned 24.4% above the baseline market value, indicating a notable premium that suggests heightened demand in the local residential market. Such a significant deviation from the baseline may reflect various factors, including desirable amenities, proximity to key transport links, and the overall appeal of the Bedok district, which continues to attract both buyers and investors seeking stable housing options.

However, it is crucial to note that the model confidence for this valuation is categorized as low. This indicates that the estimation is based on only three recent HDB resale transactions in the vicinity, which may not provide a comprehensive view of the market dynamics at play. The limited dataset could result in fluctuations influenced by outlier transactions or unique property features that do not necessarily represent the broader market trend. As such, potential buyers and investors should exercise caution and conduct thorough due diligence when considering this property to ensure a well-informed decision aligned with their long-term investment strategy.