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

The valuation of the HDB 2 Room unit in Sembawang, with a remaining lease of 92 years, stands at an estimated value of $344,362, translating to approximately $842 per square foot. This valuation reflects a significant premium, as it is positioned 7.4% above the baseline market rate, indicating robust demand and potential investor confidence in this area. Such a premium suggests that the property is not only appealing to owner-occupiers but also to investors looking for stable returns in a competitive market.

Our analysis is based on a comprehensive review of 19 recent HDB resale transactions in the vicinity, which provides a solid foundation for this valuation. The medium model confidence reflects a balanced view of current market dynamics, where factors such as proximity to amenities, transport links, and the overall desirability of Sembawang contribute to the elevated market signal. As the HDB market continues to evolve, properties with longer remaining leases like this one are likely to attract significant interest, reinforcing their value in the eyes of potential buyers.