5-Room HDB for Room Rent: 474 Sembawang Drive

The valuation of the HDB 5 Room unit in Sembawang, with a remaining lease of 72 years, reflects a cautious yet stable market position. At an estimated value of $79,355, equating to $529 per square foot, this property stands at a market price with no variance from the baseline, indicating a balanced demand and supply scenario within the local housing market. Such a valuation suggests that potential buyers are exercising restraint, aligning their purchasing decisions with current economic conditions and housing trends.

Despite the low model confidence attributed to this valuation—supported by only two recent HDB resale transactions in the vicinity—it is crucial to consider the implications of the remaining lease. With 72 years left, buyers may exhibit varying levels of interest depending on their long-term investment strategies and family planning. As the market dynamics continue to evolve, this property serves as a case study of the intricate balance between lease duration and perceived value in the HDB sector.