HDB Executive for Room Rent: 115 Bedok Reservoir Road

The valuation of the HDB Executive property located in Bedok presents a compelling case of market resilience, particularly in light of its remaining lease of 58 years. With an estimated value of $39,000, equating to $557 per square foot (PSF), this property reflects a stable market signal, showing no deviation from the baseline price. This equilibrium is indicative of a well-balanced demand and supply scenario in this vibrant residential precinct of Singapore.

Analysis of the recent market dynamics reveals that the valuation is supported by a robust dataset, comprising 114 recent HDB resale transactions within the vicinity. The high model confidence further reinforces the accuracy of this estimate, suggesting that prospective buyers can expect a sound investment when considering properties in this area. As the lease duration remains a critical factor in the valuation of HDB properties, the 58-year tenure here positions this unit favorably within the market, appealing to both owner-occupiers and investors alike.