Introduction
Nestled in the heart of Bedok, 409 Bedok North Avenue 2 stands as an iconic residential complex known for its convenient location, modern amenities, and vibrant community. This article delves into every aspect of this sought-after address, providing an in-depth exploration of its history, features, and potential as a home or investment opportunity.
History and Development
409 Bedok North Avenue 2 was developed by the Housing & Development Board (HDB) and completed in 1982. The complex comprises 10 residential blocks, offering a total of 778 units ranging from 3-room to 5-room apartments. The blocks are arranged in a U-shape configuration, creating a central courtyard that serves as a communal gathering space.
Location and Accessibility
One of the most significant advantages of 409 Bedok North Avenue 2 is its prime location. Situated within walking distance of Bedok MRT station, residents enjoy seamless access to the city center, nearby shopping malls, and other essential amenities.
- Distance to Bedok MRT station: 0.3 km (5-minute walk)
- Distance to Bedok Mall: 0.4 km (8-minute walk)
- Distance to Changi Airport: 15.9 km (20-minute drive)
Amenities and Facilities
409 Bedok North Avenue 2 boasts an impressive array of amenities that cater to the needs of its residents:
- Communal facilities: Central courtyard, playground, fitness corner, BBQ pits
- Security features: 24-hour security, perimeter fencing
- Community facilities: Childcare center, eldercare center, wet market
- Convenience amenities: Shops, eateries, ATMs, postal services
Unit Types and Prices
409 Bedok North Avenue 2 offers a variety of unit types to suit different household sizes and budgets. According to HDB’s resale statistics, recent transactions in the complex have ranged in price from $395,000 for a 3-room apartment to $625,000 for a 5-room apartment.
| Unit Type | Average Resale Price (Q3 2022) |
|---|---|
| 3-room | $395,000 |
| 4-room | $480,000 |
| 5-room | $625,000 |
Community and Lifestyle
409 Bedok North Avenue 2 is home to a diverse and vibrant community. Residents appreciate the convenience of living in a well-connected area with access to a wide range of amenities and activities.
- Number of residents (2022): 2,350
- Average age of residents (2022): 45 years
- Percentage of families with children (2022): 35%
Investment Potential
409 Bedok North Avenue 2 is considered a desirable investment destination due to its strong rental demand and potential for capital appreciation. Rental yields in the area have historically been stable, with 3-room apartments averaging a yield of around 3.5% and 5-room apartments averaging around 4%.
Effective Strategies for Buyers and Sellers
For Buyers:
* Consider properties on higher floors for better views and natural light.
* Look for units facing north or south for optimal ventilation.
* Be prepared to compromise on unit size or amenities to stay within your budget.
For Sellers:
* Renovate your property before selling to increase its value.
* Stage your home to make it more appealing to buyers.
* Price your property competitively to attract multiple offers.
Tips and Tricks
- Take advantage of HDB grants and subsidies for first-time buyers and low-income households.
- Use the HDB resale portal to compare prices and find suitable units.
- Consider consulting with a real estate agent for expert guidance throughout the buying or selling process.
Conclusion
409 Bedok North Avenue 2 is a highly desirable residential complex that offers a winning combination of convenience, amenities, and community spirit. Its prime location, coupled with its strong rental demand and investment potential, makes it an attractive choice for both homebuyers and investors alike. By understanding its unique characteristics and employing effective strategies, you can maximize your experience and achieve your real estate goals in this sought-after neighborhood.
