5-Room HDB for Room Rent: 356B Admiralty Drive

The valuation of the 5-room HDB unit in Sembawang, with a remaining lease of 74 years, stands at an estimated value of $92,431, translating to a price per square foot (PSF) of $616. This valuation is underpinned by a robust market analysis, drawing insights from 500 recent HDB resale transactions within the vicinity. The model confidence in this valuation is rated as high, reflecting a strong alignment with current market dynamics.

Interestingly, the market price shows a 0% difference from the baseline, indicating a stable valuation environment for HDB properties in this area. The remaining lease of 74 years is a significant factor, as it positions the property within a desirable range for potential buyers who seek both longevity and investment stability in their residential choices. The resilience of the HDB market in Sembawang is further highlighted by consistent demand, suggesting that properties in this segment remain attractive, making this valuation a noteworthy indicator of the area's real estate health.