5 Room (5A) HDB for Sale in 421 Canberra Road

The HDB 5-room property located in Sembawang, with a remaining lease of 72 years, has been valued at approximately $636,407, translating to a price per square foot (PSF) of $538. This valuation reflects a 2.6% difference from the baseline market price, indicating a moderate alignment with current market trends. The analysis draws upon data from seven recent HDB resale transactions in the vicinity, providing a foundational basis for this estimate.

However, it is important to note that the model confidence in this valuation is categorized as low, suggesting potential volatility in pricing due to various market dynamics. The remaining lease period could also influence buyer sentiment, as properties with shorter leases may experience more significant depreciation in value over time. As such, prospective buyers and investors should carefully consider the implications of the lease duration alongside current market signals when evaluating this property.