Room (HDB) for Rent in 120D Canberra Crescent

The HDB 2-room property located in Sembawang, with a remaining lease of 91 years, has been appraised at an estimated value of $164,378, translating to a price per square foot (PSF) of $822. This valuation aligns precisely with the current market baseline, indicating a 0% difference from the prevailing market price. Such stability in pricing suggests a balanced supply-demand dynamic in the local HDB market, reflecting a mature and well-established residential environment.

With a model confidence rating of high, the valuation draws upon insights from 220 recent HDB resale transactions in the vicinity. This robust dataset reinforces the reliability of the estimated value and underscores the resilience of the Sembawang property market amidst fluctuating economic conditions. The remaining lease duration of 91 years is a significant factor, providing potential buyers with a long-term investment horizon, thus appealing to both first-time buyers and investors alike. As the market continues to evolve, this property stands as a prime example of the enduring value inherent in Singapore's housing landscape.