Bungalow for Room Rent: Golden Shower Park

The valuation of the HDB 2 Room unit located in Bedok, with a remaining lease of 75 years, stands at an estimated value of $146,682, translating to a price per square foot (PSF) of $733. This valuation reflects a market price that shows no deviation from the baseline, indicating a strong equilibrium in the current market dynamics for HDB properties in this region. The confidence in this model is rated as high, supported by an analysis of 39 recent HDB resale transactions within the vicinity, providing a robust dataset for comparative evaluation.

Bedok has consistently demonstrated resilience in its property values, attributed to various factors including its strategic location and the availability of amenities that cater to a diverse demographic. The remaining lease of 75 years positions this property favorably, as it aligns with the preferences of potential buyers who often seek HDB units with substantial lease terms. As the market continues to evolve, maintaining close observation of pricing trends and transaction volumes in Bedok will be crucial for stakeholders looking to make informed investment decisions.