3 Room (3A) HDB for Sale in 463B Sembawang Drive

The valuation of the HDB 3-room unit in Sembawang, with a remaining lease of 88 years, stands at an estimated value of $501,136, translating to a price per square foot of $694. This valuation reflects current market dynamics, indicating a 4.2% premium over the baseline price, suggesting a relatively strong demand in the area despite broader market fluctuations.

Our analysis is grounded in the examination of 8 recent HDB resale transactions within the vicinity, providing a solid comparative framework for understanding local market trends. The medium confidence level associated with this valuation underscores the variability inherent in the real estate market, particularly in a region characterized by evolving buyer preferences and demographic shifts. As Sembawang continues to develop and attract interest, properties with substantial remaining leases, such as this one, are likely to maintain their appeal, reinforcing the notion that leasehold duration plays a crucial role in determining property value.