Blk 537 Bedok North Street 3 is a 10-storey HDB block located in the mature town of Bedok. Completed in 1981, the block comprises 80 units of 3-room and 4-room flats.
Strategic Location
The block is conveniently located near various amenities, including:
- Bedok North MRT station (0.3 km)
- Bedok North Shopping Centre (0.2 km)
- Bedok Reservoir Park (0.5 km)
Unit Types and Prices
Blk 537 Bedok North Street 3 offers two types of unit layouts:
3-Room Flats
- Floor area: 67 sqm (721 sqft)
- Number of bedrooms: 2
- Number of bathrooms: 1
- Average price: S$300,000 – S$400,000
4-Room Flats
- Floor area: 93 sqm (1,001 sqft)
- Number of bedrooms: 3
- Number of bathrooms: 2
- Average price: S$400,000 – S$500,000
Facilities and Amenities
Within the block:
- Lift
- Covered carpark
- Playground
Nearby:
- Bedok North Primary School
- Damai Secondary School
- Temasek Junior College
Market Trends
The Bedok North area has consistently seen strong demand for HDB flats. According to data from HDB, the average transaction price for 3-room flats in Blk 537 Bedok North Street 3 has increased by 10% in the past year.
Potential for Appreciation
Given its strategic location and limited supply of units, Blk 537 Bedok North Street 3 has good potential for capital appreciation in the long term. This is supported by the overall positive outlook for the Singapore HDB market, which is expected to continue to grow in the coming years.
Buying Considerations
If you are considering buying a flat in Blk 537 Bedok North Street 3, here are some factors to consider:
- Leasehold: The block is on a 99-year leasehold that expires in 2080. This means that you will need to factor in the cost of the lease decay when purchasing the flat.
- Age of block: The block is 42 years old, which means that it may require more frequent maintenance and repairs.
- Limited amenities: The block itself does not offer a wide range of amenities, so you will need to rely on nearby facilities.
Conclusion
Blk 537 Bedok North Street 3 is a well-located and affordable HDB option in a mature town. With good potential for appreciation, it is a suitable choice for both homebuyers and investors.
Tables
Table 1: Unit Types and Prices
| Unit Type | Floor Area (sqft) | Number of Bedrooms | Number of Bathrooms | Average Price (S$) |
|---|---|---|---|---|
| 3-Room | 721 | 2 | 1 | 300,000 – 400,000 |
| 4-Room | 1,001 | 3 | 2 | 400,000 – 500,000 |
Table 2: Market Trends
| Year | Average Transaction Price (3-Room Flats) (S$) |
|---|---|
| 2021 | 280,000 |
| 2022 | 308,000 |
Table 3: Nearby Amenities
| Amenity | Distance |
|---|---|
| Bedok North MRT station | 0.3 km |
| Bedok North Shopping Centre | 0.2 km |
| Bedok Reservoir Park | 0.5 km |
| Bedok North Primary School | 0.2 km |
| Damai Secondary School | 0.4 km |
| Temasek Junior College | 0.6 km |
Table 4: Buying Considerations
| Factor | Pros | Cons |
|---|---|---|
| Leasehold | Lower purchase price | Lease decay |
| Age of block | Well-established neighborhood | May require more maintenance |
| Limited amenities | Conveniently located near amenities | May not have all desired amenities on-site |
