5 Room (5I) HDB for Sale in 126C Canberra Street

The valuation of the HDB 5 Room unit in Sembawang, with a remaining lease of 92 years, is estimated at $845,237, translating to a price per square foot (PSF) of $695. This valuation reflects the current market dynamics and the desirability of the area, particularly given the 2.9% difference from the baseline market price. Such a minor deviation indicates a relatively stable market environment, where demand and supply are closely aligned, suggesting that buyers are willing to pay a premium for properties that offer both space and longevity in lease terms.

When assessing the overall market confidence, it is important to note that the model confidence for this valuation is categorized as medium. This assessment is derived from a comprehensive analysis of 19 recent HDB resale transactions within the vicinity, providing a solid yet cautious basis for the estimated valuation. The remaining lease of 92 years is a significant factor that enhances the market appeal of this property, as longer leases typically correlate with higher valuations and lower perceived risk for potential buyers. As such, this HDB unit not only represents a sound investment opportunity but also aligns well with the broader trends observed in the Sembawang residential market.