Common Room (HDB) for Rent in 403 Bedok North Avenue 3

The valuation of the HDB 2-room unit in Bedok, with a remaining lease of 53 years, stands at an estimated value of $99,468, translating to a psf rate of $497. This valuation reflects a market price that is aligned with the baseline, indicating a stable demand for HDB properties in this region. The absence of price deviation suggests that the property is well-positioned within the current market dynamics, making it an attractive option for potential buyers seeking affordability without compromising on location.

Analyzing the recent transactions, which are derived from 13 comparable HDB resale properties in the vicinity, we observe a medium level of confidence in this valuation. The consistency in pricing signals an equilibrium in the local market, driven by factors such as demographic stability and proximity to essential amenities. As Singapore's property market continues to evolve, the remaining lease of 53 years on this HDB unit offers a unique proposition for buyers—balancing affordability with the potential for future value appreciation in a well-established neighborhood.