3 Room (3I) HDB for Sale in 2 Bedok South Avenue 1

The valuation of the HDB 3-room unit in Bedok, with a remaining lease of 48 years, stands at an estimated value of $314,230, equating to a price per square foot (PSF) of $450. This valuation indicates a significant premium over the baseline market rate, with a compelling 27.3% upward deviation. Such a divergence suggests that the property may be benefitting from unique factors influencing its desirability, potentially including location advantages, community amenities, and recent enhancements in the area.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data pool of only four recent HDB resale transactions in the vicinity. This scarcity may result in fluctuations in perceived value, as the HDB market is sensitive to shifts in demand and supply dynamics. As we move forward, prospective buyers and investors should consider the implications of the remaining lease period, as properties with shorter leases may face challenges in securing financing and attracting future buyers, thus impacting long-term investment viability.