Common Room (HDB) for Rent in 30 New Upper Changi Road

The valuation of the HDB 2 Room unit in Bedok, with a remaining lease of 49 years, stands at an estimated value of $46,196, translating to a price per square foot (PSF) of $462. This figure aligns with the market price, indicating a stable valuation with no significant deviations from the baseline. The medium confidence level suggests a balanced assessment based on the current market dynamics, reflecting the area's demand and supply equilibrium.

In analyzing the local real estate landscape, it is noteworthy that the valuation is grounded in data sourced from 14 recent HDB resale transactions within the vicinity. This robust dataset allows for a comprehensive understanding of market trends, particularly in terms of leasehold considerations, which are critical in influencing buyer sentiment in Singapore’s competitive housing market. As Bedok continues to evolve, with its strategic location and community amenities, the remaining lease of 49 years will play a pivotal role in the long-term appreciation potential of similar HDB units in the area.