5-Room HDB for Room Rent: 128C Canberra Street

The valuation of the HDB 5-room unit in Sembawang, with a remaining lease of 91 years, stands at an estimated value of $102,162, translating to a price per square foot (PSF) of $681. This valuation reflects a market price that is consistent with the baseline, indicating stability in the local property market. The current pricing dynamics suggest that demand and supply are well balanced within this segment, as supported by the analysis of eight recent HDB resale transactions in the vicinity.

With a medium confidence level in the model, it is essential to consider the broader market signals influencing this valuation. The longevity of the remaining lease is a crucial factor, as properties with a substantial lease period typically retain better value and appeal among prospective buyers. Furthermore, the Sembawang area has shown resilience in the HDB market, underscoring its attractiveness as a residential choice. As such, potential investors should view this valuation as indicative of both current market conditions and the inherent value of long-term leasehold properties in a stable environment.