3 Room (3A) HDB for Sale in 128B Canberra Street

The valuation of the HDB 3 Room unit in Sembawang, with a remaining lease of 91 years, stands at an estimated value of $538,399, translating to a competitive $737 per square foot (PSF). This valuation reflects a 2.5% difference from the baseline market price, indicating a slight upward trend in the local real estate landscape. Such a minor deviation from the baseline suggests that the property market in Sembawang is stabilizing, attracting both first-time buyers and seasoned investors who seek long-term capital appreciation in a region characterized by its robust growth potential.

The model confidence for this valuation is categorized as medium, primarily supported by a thorough analysis of 16 recent HDB resale transactions in the vicinity. This dataset provides a solid foundation for understanding the prevailing market dynamics, which are influenced by factors such as proximity to essential amenities, upcoming transport infrastructure, and an overall increase in demand for HDB properties within the area. As the remaining lease period of 91 years offers considerable longevity, this property is well-positioned to benefit from Sembawang's continued urban development and infrastructural enhancements, making it an appealing investment opportunity for discerning buyers.