2 Room (2A) HDB for Sale in 102B Canberra Street

The valuation of the HDB 2 Room unit in Sembawang, with a remaining lease of 92 years, stands at an estimated value of $426,103, translating to a price per square foot (PSF) of $844. This valuation reflects a nuanced understanding of the current market dynamics, where the property exhibits a market price that is only 1.4% above the established baseline. Such a marginal difference indicates a relatively stable pricing environment in the Sembawang region, underscoring the resilience of the HDB market in the face of broader economic fluctuations.

The confidence level of this valuation is categorized as medium, supported by a robust analysis of 18 recent HDB resale transactions in the vicinity. This dataset provides valuable insights into local market trends and buyer sentiment, which are crucial for understanding the potential appreciation of the property over time. With the remaining lease still substantial at 92 years, the unit not only represents a solid investment opportunity but also aligns with the increasing demand for HDB properties in Singapore, particularly in well-connected and rapidly developing areas like Sembawang.