5-Room HDB for Room Rent: 522 Bedok North Avenue 1

The valuation of the 5-room HDB in Bedok reflects a calculated estimate of $61,474, translating to an effective price of $410 per square foot. With a remaining lease of 51 years, this property sits within a significant segment of the market that caters to a diverse demographic, appealing to both young families and retirees. The valuation indicates a strong alignment with the current market conditions, as evidenced by the 0% difference from the baseline market price, suggesting stability and resilience in the local HDB market.

Our analysis is grounded in an extensive review of 163 recent HDB resale transactions in the vicinity, providing a robust data set that enhances the confidence in this valuation, rated as high. This consistency in pricing signals not only a steady demand for HDBs in Bedok but also reflects the underlying market dynamics influenced by factors such as proximity to amenities, public transport, and overall livability. As the property market continues to evolve, the remaining lease period will play a crucial role in future valuations, yet the current metrics indicate a strong potential for sustained value retention in this well-established neighborhood.