3 Room (3A) HDB for Sale in 104A Canberra Street

The valuation of the 3-room HDB unit in Sembawang, with a remaining lease of 91 years, stands at an estimated value of $506,755, translating to a price per square foot (PSF) of $703. This valuation reflects a nuanced understanding of the current market dynamics in the Sembawang precinct, which has experienced a moderate upward trend in HDB resale prices. Notably, the assessed market price indicates a 3.3% difference from the baseline, suggesting a competitive yet cautious market sentiment among buyers and sellers.

Despite the positive valuation signals, the model confidence is rated as low, primarily due to the limited dataset of recent transactions in the vicinity—only four sales were analyzed for this property assessment. Such a small sample size can lead to volatility in price estimations, underscoring the need for potential buyers to conduct comprehensive due diligence. The remaining lease period of 91 years remains a significant factor in the valuation, as properties with longer leases typically command higher buyer interest, ensuring that this HDB unit retains its appeal in a rapidly evolving real estate landscape.