Bungalow for Room Rent: 36 Sea Breeze Avenue

The valuation of the HDB 2-room unit in Bedok, with a remaining lease of 65 years, is estimated at $94,509, translating to a price per square foot (PSF) of $630. This valuation reflects a stable market position, demonstrating a 0% deviation from the baseline price, indicating a well-balanced demand and supply scenario in the local real estate landscape. The strong model confidence, assessed as high, is bolstered by an analysis of 39 recent HDB resale transactions in the vicinity, reinforcing the reliability of the valuation metrics employed.

In the context of Singapore's housing market, the remaining lease period significantly influences buyer sentiment and investment decisions. With 65 years remaining, this property offers a degree of longevity that appeals to a broad spectrum of potential buyers, particularly young families and first-time homeowners. The current market dynamics suggest that Bedok continues to maintain its allure as a desirable residential area, characterized by robust community amenities and accessibility, thereby sustaining housing values. The stability reflected in the valuation underscores the resilience of the HDB market in Bedok amidst the evolving economic landscape.