4 Room (4A) HDB for Sale in 467 Admiralty Drive

The HDB 4-room property located in Sembawang, with a remaining lease of 74 years, has an estimated value of $596,360, translating to a price per square foot (PSF) of $544. This valuation reflects a modest market signal, with a 3.1% difference from the baseline, indicating a slight appreciation in property value relative to recent trends in the area. The current valuation is informed by three recent HDB resale transactions within the vicinity, providing a foundational basis for comparison.

However, it is essential to note the model confidence associated with this valuation is categorized as low, suggesting some variability or uncertainty in the local real estate market dynamics. The remaining lease period of 74 years is a crucial factor, as properties with shorter leases often experience a depreciation in value as the lease period diminishes. As such, potential buyers should consider not only the immediate valuation but also the long-term implications of lease duration on investment returns. Overall, while the property presents an attractive entry point into the Sembawang market, careful consideration of lease dynamics and market conditions is recommended for prospective investors.