Common Room (HDB) for Rent in 113 Bedok Reservoir Road

The valuation of the HDB 2-room unit in Bedok, with a remaining lease of 58 years, stands at an estimated value of $88,794, translating to a price per square foot (PSF) of $555. This valuation reflects a market price that is aligned with the baseline, indicating a 0% difference. Such a stable valuation suggests that the unit is competitively positioned within the current market landscape, particularly when considering the limited supply of HDB units in this sought-after district.

However, it is important to note that the model confidence for this valuation is classified as low, which may be attributed to fluctuations in buyer sentiment and market dynamics that can impact resale prices. The analysis is based on three recent HDB resale transactions in the vicinity, providing a contextual backdrop for understanding the local market trends. Investors and potential buyers should remain cognizant of the remaining leasehold period, as it plays a crucial role in determining the long-term value and attractiveness of the property, particularly in a market where lease duration is a key consideration for many purchasers.