Common Room (4NG) HDB for Rent in 707 Bedok North Road

The valuation of the 4-room HDB property in Bedok, with a remaining lease of 53 years, stands at an estimated value of $457,461, translating to a price per square foot (PSF) of $462. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable pricing environment in the immediate vicinity. The absence of a price differential suggests a balanced supply and demand scenario for HDB properties in this area, which is a noteworthy observation amidst the current market dynamics.

However, it is essential to consider the model confidence rating, which is classified as low. This indicates that the valuation may be influenced by a limited dataset, drawn from only three recent resale transactions in the vicinity. Such a low confidence level serves as a reminder of the volatility inherent in the HDB market, especially for properties with a remaining lease of over 50 years. As prospective buyers evaluate this property, they should take into account not only the current valuation but also the broader market trends and the implications of the remaining lease on future resale potential.