2 Room (2A) HDB for Sale in 455A Sengkang West Avenue

This valuation report focuses on a HDB 2-room property located in the vibrant district of Sengkang, which currently boasts a remaining lease of 92 years. The estimated value of this unit stands at $438,807, translating to a price per square foot (PSF) of $849. This valuation reflects a market price that is a mere 2.3% above the baseline, suggesting a stable yet competitive market environment. The limited deviation from the baseline indicates a balanced demand and supply dynamic, which is indicative of the overall health of the HDB market in this area.

Our analysis is anchored on empirical data drawn from 11 recent HDB resale transactions within the vicinity, providing a robust foundation for the valuation. The model confidence is deemed medium, reflecting a reasonable reliability in the estimations based on current market conditions. Sengkang, known for its family-friendly amenities and connectivity, continues to attract interest from both first-time buyers and investors, further solidifying the desirability of HDB properties within this region. The remaining lease of 92 years adds significant value, providing potential buyers with long-term security and investment stability.