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

The valuation of the 5-room HDB 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 indicates a stable market condition, as evidenced by a market price that reflects a 0% difference from the baseline. Such alignment signals a robust equilibrium in the local real estate landscape, suggesting that the unit is competitively priced relative to similar properties in the vicinity.

With model confidence assessed at a medium level, this valuation draws on insights from 8 recent HDB resale transactions in the area, providing a sound basis for understanding current market dynamics. The remaining lease of 91 years positions this property favorably within the context of buyer sentiment, as properties with longer leases tend to attract more interest and retain value. As Sembawang continues to develop and evolve, factors such as infrastructure improvements and community enhancements will likely influence future pricing trajectories, making this property a potential focal point for savvy investors seeking long-term appreciation.