5-Room HDB for Room Rent: 128C Canberra Street

The valuation of the HDB 5-room unit in Sembawang, with a remaining lease of 91 years, stands at an estimated value of $102,162, translating to a price per square foot (PSF) of $681. This valuation reflects a market price that is notably stable, exhibiting a 0% difference from the baseline. Such equilibrium in pricing underscores a balanced demand and supply dynamic in the Sembawang region, which has seen a healthy turnover of HDB transactions. The model confidence in this valuation is assessed as medium, indicating a reasonable degree of reliability based on the available data.

Analysis of eight recent HDB resale transactions in the vicinity reveals a consistent trend in pricing, reinforcing the notion that the current valuation is well-aligned with market expectations. The remaining lease of 91 years is a significant factor contributing to the property’s value, as it provides prospective buyers with ample time for appreciation while mitigating concerns related to lease decay. Additionally, the Sembawang area is characterized by its strategic location and growing amenities, which further support the resilience of HDB prices in this locale. Overall, this valuation serves as a compelling indicator of market sentiment and the enduring appeal of HDB living in Singapore.