3 Room (3I) HDB for Rent in 534 Bedok North Street 3

The valuation of the HDB 3 Room unit in Bedok, with a remaining lease of 53 years, has been estimated at $225,022, translating to approximately $465 per square foot. This figure reflects a market signal indicating a 0% difference from the baseline price, suggesting that the property is currently aligned with prevailing market conditions. Such stability in pricing may indicate a balanced supply-demand dynamic in the Bedok area, where recent sales activity has shown consistent trends.

However, it is important to note that the model confidence for this valuation is classified as low, based on an analysis of only five recent HDB resale transactions in the vicinity. This limited dataset may impact the robustness of the valuation, as fluctuations in market sentiment and buyer preferences can significantly influence pricing, particularly in a mature estate like Bedok. Prospective buyers should consider the implications of the remaining lease duration on long-term investment potential, as well as the evolving market landscape in Singapore's public housing sector.