2 Room (2A) HDB for Sale in 117B Canberra Crescent

The valuation of the HDB 2-room unit in Sembawang, with a remaining lease of 92 years, stands at an estimated value of $430,769, translating to a price per square foot of $851. This valuation is indicative of the current market dynamics, reflecting a mere 0.2% deviation from the established baseline prices in the surrounding area. Such a slight variation suggests a relatively stable market environment, characterized by consistent demand and supply dynamics for HDB properties in this precinct.

The model confidence for this valuation is rated as medium, based on an analysis of 11 recent HDB resale transactions in the vicinity. This dataset provides a solid foundation for understanding local price trends, although the medium confidence level highlights the potential for variability influenced by external market factors. As the remaining lease period is substantial, potential buyers may find value in the longevity of the lease, which can play a crucial role in the long-term investment appeal of HDB properties in Sembawang. Overall, this valuation encapsulates the nuanced interplay of lease longevity and current market trends, positioning the property as an attractive option for discerning buyers seeking stability in their real estate investments.