3 Room (3NG) HDB for Sale in 116 Bedok Reservoir Road

In the current landscape of the Bedok HDB market, the valuation of this 3-room unit reflects a nuanced interplay of property dynamics and remaining lease considerations. With an estimated value of $371,956, translating to $516 per square foot, this property is positioned above the market baseline by 7.3%. This premium status indicates a robust demand, potentially driven by the area's enduring appeal and the unit's strategic location within a well-connected neighborhood.

However, it is essential to note that the remaining lease of 58 years introduces a layer of complexity to the valuation. As the lease term decreases, buyer sentiment often shifts, leading to a greater sensitivity to pricing in the resale market. The model confidence for this valuation is classified as low, underlining the variability observed in recent HDB transactions within the vicinity—only four comparable sales were analyzed. This limited dataset suggests that while there are positive signals in the market, caution is warranted for potential investors and homeowners considering this property, as fluctuations in demand could impact future valuations.