5 Room (5I) HDB for Sale in 119B Canberra Crescent

The valuation of the HDB 5-room unit in Sembawang, with a remaining lease of 91 years, has been estimated at $869,712, translating to a price per square foot (PSF) of $716. This valuation reflects a modest 2.3% differential from the baseline market price, indicating a stable yet cautious market sentiment in the Sembawang region. With a significant remaining lease, the property holds intrinsic value, benefitting from long-term tenure security, which is a pivotal consideration for potential buyers in today’s real estate climate.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited sample size of only four recent HDB resale transactions in the vicinity. This scarcity of transactions can lead to volatility in price assessments and potentially skewed perceptions of market value. Investors and homeowners should consider these dynamics carefully, weighing the stability of the remaining lease against the current market fluctuations and transaction trends in Sembawang.