2 Room (2A) HDB for Sale in 102B Canberra Street

The valuation of the 2-room HDB property in Sembawang, with a remaining lease of 92 years, stands at an estimated value of $426,103, equating to a price per square foot (PSF) of $844. This valuation is indicative of a robust and resilient market, as evidenced by a mere 1.4% deviation from the established baseline price. Such a minor fluctuation signals a stable demand for HDB properties in this region, which remains attractive to both owner-occupiers and investors alike.

The model confidence rating for this valuation is classified as medium, reflecting a careful analysis of recent market transactions. Our assessment is based on a comprehensive review of 18 recent HDB resale transactions in the vicinity, which reinforces the credibility of the estimated value. The remaining lease of 92 years further enhances the property’s appeal, as it signifies longevity and stability in ownership, thereby fostering a sense of security among potential buyers. In the context of Singapore's dynamic real estate landscape, this valuation encapsulates the interplay between demand, lease duration, and market sentiment, underscoring Sembawang's position as a promising locale for residential investments.