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

The HDB 3-room property located in Sembawang, with a remaining lease of 91 years, has been appraised at an estimated value of $538,399, translating to a price per square foot (PSF) of $737. This valuation reflects a 2.5% difference from the market baseline, indicating a slight premium that suggests a competitive demand in the current real estate landscape. The substantial remaining lease is a critical factor contributing to the stability and desirability of this property, appealing to both owner-occupiers and investors seeking long-term value retention.

Our analysis is grounded on data derived from 16 recent HDB resale transactions within the vicinity, which provides a robust framework for understanding the prevailing market dynamics. The model confidence level is assessed as medium, reflecting an adequate but not exhaustive dataset. Buyers should consider that while the valuation suggests a resilient interest in Sembawang, external factors such as economic trends and local development plans will continue to influence property values. In summary, this HDB 3-room unit stands as a noteworthy opportunity within the Sembawang market, balancing lease longevity with competitive pricing in a fluctuating real estate environment.