4-Room HDB for Room Rent: 331 Sembawang Close

The valuation of the HDB 4-room unit in Sembawang, with a remaining lease of 71 years, stands at an estimated value of $112,744, translating to a price of $564 per square foot (PSF). This assessment reflects the current market dynamics, with the property showing a 0% difference from the baseline market price. The stability of this valuation suggests that the property is aligned with prevailing market trends, indicating a steady demand for HDB units in this region.

However, it is critical to note that the model confidence for this valuation is classified as low, which may stem from the limited data set comprising only three recent HDB resale transactions in the vicinity. This low confidence level underscores the importance of ongoing market observation, particularly in a rapidly evolving real estate landscape. As lease tenure plays a significant role in the value appreciation potential of HDB properties, potential investors should remain mindful of the implications of the remaining lease period on long-term investment viability.