Common Room (HDB) for Rent in 105 Bedok North Avenue 4

The valuation of the HDB 2-room unit in Bedok, with a remaining lease of 51 years, is estimated at $47,667, translating to $477 per square foot. This pricing is indicative of a stable market environment, as it reflects a 0% difference from the baseline market price. Such consistency in valuation suggests an equilibrium between supply and demand dynamics in the surrounding area, which has been validated by analyzing 28 recent HDB resale transactions in the vicinity.

The model confidence for this valuation is classified as high, reinforcing the reliability of the assessed value amid fluctuating market conditions. The remaining lease period of 51 years positions this property within a moderate timeframe, appealing to both first-time buyers and investors who are strategically looking at long-term rental potential. This aspect, coupled with Bedok’s established residential appeal and amenities, enhances the attractiveness of the property, indicating potential for future value appreciation as urban development continues in the region.