Common Room (HDB) for Rent in 222B Bedok North Drive

The valuation of the HDB 2-room unit in Bedok, with a remaining lease of 94 years, stands at an estimated value of $88,430, translating to $737 per square foot (PSF). This valuation is indicative of a stable market condition, as it reflects a 0% difference from the baseline market price, suggesting that the property is competitively priced in relation to recent transactions in the area. The model confidence in this valuation is rated as High, underscoring the robustness of the analysis derived from the evaluation of 40 recent HDB resale transactions in the vicinity.

Bedok continues to exhibit a resilient real estate market, driven by a combination of factors including its strategic location, accessibility, and community amenities. With the remaining lease of this property at 94 years, it remains attractive to both first-time buyers and investors looking for stable long-term investments. The overall market dynamics indicate a consistent demand for HDB properties in this region, reinforcing the strength of this valuation. As such, this HDB unit represents not just a dwelling but also a sound investment opportunity in the ever-evolving landscape of Singapore's real estate market.