5-Room HDB for Room Rent: 359B Admiralty Drive

In the highly competitive HDB market of Sembawang, the valuation of this specific 5-room unit, with a remaining lease of 74 years, stands at an estimated value of $83,636, equating to $558 per square foot (PSF). This valuation reflects a market price that shows a 0% difference from the baseline, indicating stability in the immediate market dynamics. Such consistency may suggest that the property is well-positioned to attract potential buyers who are keen on securing a home within a region that balances both affordability and community living.

However, it is important to note that the model confidence for this valuation is classified as low, which may indicate variability in market conditions or potential fluctuations in buyer sentiment. The valuation is derived from an analysis of six recent HDB resale transactions in the vicinity, which serves as a critical benchmark for understanding local market trends. As the remaining lease of the property approaches the mid-70s, it is essential for potential buyers to consider the implications of leasehold duration on future resale value and overall investment potential. The interplay of these elements will undoubtedly play a significant role in shaping the future desirability of this HDB unit within the broader Sembawang landscape.