Blk 723 Bedok Reservoir Road
About 723 Bedok Reservoir Rd
723 Bedok Reservoir Road is an HDB block in Bedok. It comprises 4 room and 5 room units with the highest floor being 11. The block was completed in 1983 and the lease with HDB commenced in the year 1984. This leaves a remaining lease period of approximately 66 years 07 months.
Based on past transactions data, the unit floor size are 103, 111, 137 and 139sqm. The latest resale transaction was in Mar 2024 and the highest transacted price was recorded in Jan 2023 for a 5 room unit at $850,000.
In terms of accessibility to schools, there are several primary schools located within 1km of 723, including Yu Neng Primary School, Fengshan Primary School and Damai Primary School.
For secondary education, the nearby schools include Damai Secondary School and Bedok Green Secondary School.
Public transportation is also convenient, with several MRT stations close to 723, including Bedok Reservoir MRT Station (DT30). There are also 6 bus stops within walking distance of this block.
Resale summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Sold |
|---|---|---|---|---|
| 4 room | $525,000 | $551,200 | $578,000 | 4 |
| 5 room | $780,000 | $821,250 | $850,000 | 4 |
Rental summary (last 3 years)
| Flat Type | Min $ | Avg $ | Max $ | Rented |
|---|---|---|---|---|
| 4 room | $1,800 | $2,454 | $3,600 | 13 |
Resale transactions volume and average price trend (last 3 years)
Below is a quick summary of the resale transactions volume and average price trends for the 4 room and 5 room units at 723 Bedok Reservoir Road.
- 4 room sales : Stable or no visible trend
- 5 room sales : Stable or no visible trend
- 4 room price : Trending up
- 5 room price : Trending down
Analysis of price range & units sold by block numbers (last 3 years)
Here's a view of the transacted price ranges and units sold over the last 3 years grouped by flat types and blocks from Reservoir View. We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 4 blocks within this HDB project/estate. Block 723 has been highlighted in the table(s) below for easy comparison with other blocks with similar flat types.
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 722 | $541,250 | $505,000 | $575,000 | 4 |
| 723 | $551,200 | $525,000 | $578,000 | 4 |
| 724 | $509,944 | $412,500 | $565,000 | 9 |
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 722 | $840,000 | $750,000 | $903,000 | 9 |
| 723 | $821,250 | $780,000 | $850,000 | 4 |
| Block | Avg $ | Min $ | Max $ | Units sold |
|---|---|---|---|---|
| 725 | $887,778 | $838,000 | $960,000 | 9 |
Resale transaction details and prices
There were a total of 8 resale transactions in the last 3 years for units in block 723 Bedok Reservoir Road, with the latest one recorded in Mar 2024.
| Date | Resale | PSM | Type | Location | Floor | Fl. Area | Model | Built |
|---|---|---|---|---|---|---|---|---|
| Mar 2024 | $553,800 | $5,377 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room / 103 sqm | 10 to 12 | 103 sqm | Model A | 1984 |
| Nov 2023 | $810,000 | $5,912 | 5 Room | Blk 723 Bedok Reservoir Road 5 Room / 137 sqm | 10 to 12 | 137 sqm | Model A-Maisonette | 1984 |
| Jan 2023 | $578,000 | $5,207 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room / 111 sqm | 07 to 09 | 111 sqm | Model A | 1984 |
| Jan 2023 | $850,000 | $6,204 | 5 Room | Blk 723 Bedok Reservoir Road 5 Room / 137 sqm | 07 to 09 | 137 sqm | Model A-Maisonette | 1984 |
| Sep 2022 | $548,000 | $5,320 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room / 103 sqm | 04 to 06 | 103 sqm | Model A | 1984 |
| Aug 2022 | $525,000 | $5,097 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room / 103 sqm | 07 to 09 | 103 sqm | Model A | 1984 |
| Jan 2022 | $780,000 | $5,612 | 5 Room | Blk 723 Bedok Reservoir Road 5 Room / 139 sqm | 04 to 06 | 139 sqm | Model A-Maisonette | 1984 |
| Oct 2021 | $845,000 | $6,079 | 5 Room | Blk 723 Bedok Reservoir Road 5 Room / 139 sqm | 04 to 06 | 139 sqm | Model A-Maisonette | 1984 |
Rental transactions volume and average rental price trend (last 3 years)
Here's a summary of the rental transactions and price trends for the 4 room and 5 room units at 723 Bedok Reservoir Road.
- 4 room rental : Trending down
- 4 room rental price : Trending up
Analysis of rental price range & units rented by block numbers (last 3 years)
Displayed below is a view of the rental price ranges and units rented over the last 3 years. They are grouped by flat types and blocks from Reservoir View. We will compare a total of 3 flat types (4 Room, 5 Room and Executive), across a total of 4 blocks within this HDB project/estate. Block 723 has been highlighted in the table(s) below for easy comparison with the other blocks in the same estate.
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 722 | $2,910 | $2,100 | $3,800 | 10 |
| 723 | $2,454 | $1,800 | $3,600 | 13 |
| 724 | $2,843 | $2,000 | $4,000 | 14 |
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 722 | $3,240 | $2,200 | $4,300 | 5 |
| Block | Avg $ | Min $ | Max $ | Units rented |
|---|---|---|---|---|
| 725 | $3,107 | $2,200 | $4,050 | 7 |
Rental transaction details and prices
There were a total of 13 rental transactions in the last 3 years for units in block 723 Bedok Reservoir Road. The latest recorded one was in Mar 2024.
| Date | Rental | Flat Type | Location | Town |
|---|---|---|---|---|
| Mar 2024 | $2,700 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Feb 2024 | $2,200 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Nov 2023 | $3,000 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Sep 2023 | $3,600 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Aug 2023 | $2,800 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Jan 2023 | $2,500 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Sep 2022 | $2,500 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Jun 2022 | $2,150 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Feb 2022 | $2,100 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Jan 2022 | $2,000 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Dec 2021 | $1,800 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Nov 2021 | $2,300 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
| Nov 2021 | $2,250 | 4 Room | Blk 723 Bedok Reservoir Road 4 Room | Bedok |
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Property information for 723 Bedok Reservoir Road
| Block | : | 723 |
| Street | : | Bedok Reservoir Road |
| Building | : | Reservoir View |
| Postal code | : | 470723 |
| Town | : | Bedok |
| Recorded transactions floor area | : | 103 sqm, 111 sqm, 137 sqm, 139 sqm |
| Recorded transactions flat types | : | 4 Room, 5 Room |
| Recorded transactions flat models | : | Model A-Maisonette, Model A |
| Lease commencement | : | 1984 |
| Year completed | : | 1983 |
| Max. Floor | : | 11 |
| Residential? | : | Y |
| Commercial? | : | N |
| Market or hawker centre? | : | N |
| Multi-storey carpark? | : | N |
| Precinct or pavilion? | : | N |