Common Room (Landed) for Rent in Picardy Gardens

The valuation for the HDB 2-room unit in Bedok, with a remaining lease of 48 years, stands at an estimated value of $55,806, equating to a price per square foot (PSF) of $465. This valuation reflects a market condition where the property price aligns perfectly with the baseline, indicating a 0% deviation. Such stability in pricing is indicative of a balanced market environment, where supply and demand forces are currently well-aligned.

Data drawn from 80 recent HDB resale transactions in the vicinity reinforces the reliability of this valuation, with a high model confidence rating suggesting that the estimated value is underpinned by robust market activity and comparable sales. As Bedok continues to be a sought-after residential area, the remaining lease of 48 years adds a layer of appeal, particularly for first-time buyers and investors looking for long-term ownership potential. This valuation serves as a critical benchmark for stakeholders looking to navigate the evolving landscape of HDB properties in Singapore.