Common Room (HDB) for Rent in 148 Bedok Reservoir Road

The valuation of the 2-room HDB in Bedok, with a remaining lease of 60 years, stands at an estimated value of $90,807, translating to a price per square foot (PSF) of $605. This valuation reflects a market price that is in alignment with the baseline, indicating a stable demand within the neighborhood. The data draws from 20 recent resale transactions in the vicinity, providing a robust analytical foundation that reinforces the confidence in this valuation, which is marked as high.

In the context of Singapore's dynamic property market, the remaining lease of 60 years plays a crucial role in determining the property's attractiveness and potential for appreciation. Given the demographic shifts and urban development in Bedok, the area remains a sought-after location, particularly for young families and first-time buyers. The consistent market price suggests that the HDB segment in Bedok is resilient, with buyers willing to match the baseline valuation, thus reflecting a healthy equilibrium between supply and demand. This property not only offers an entry point into the vibrant Bedok community but also stands as a testament to the enduring appeal of HDB living in Singapore.