5 Room (5I) HDB for Sale in 350B Canberra Road

The valuation of the HDB 5-room unit in Sembawang, with a remaining lease of 72 years, stands at an estimated value of $679,166 or $559 PSF. This valuation reflects a 1.6% deviation from the baseline market price, indicating a relatively stable market condition for HDB properties in this region. The model confidence for this valuation is rated as high, bolstered by a robust dataset of 274 recent HDB resale transactions in the vicinity, which enhances the reliability of the estimated value.

In the context of the broader real estate landscape, Sembawang has shown resilience amidst fluctuating market dynamics. The remaining lease of 72 years is a critical factor, as it aligns with buyer sentiment that often favors properties with longer leases, ensuring sustained interest and investment potential. The slight positive differential from the baseline price suggests that demand in Sembawang remains relatively strong, driven by factors such as accessibility, amenities, and the overall appeal of the neighborhood. As such, this HDB unit represents not only a sound investment but also an attractive option for families seeking a well-connected community in Singapore's northern region.