Premium HDB for Sale in 102B Canberra Street

The valuation of the HDB 2-room unit in Sembawang, with a remaining lease of 92 years, stands at an estimated value of $426,032, translating to a price per square foot (PSF) of $842. This valuation reflects a notable market signal, indicating a 4.2% difference from the established baseline. Such metrics suggest a stable demand within the region, as evidenced by the analysis of 19 recent HDB resale transactions in the vicinity, which provide a robust data set for comparison.

In the current climate of Singapore's real estate market, the remaining lease of 92 years is a significant factor influencing buyer sentiment and valuation. Properties with longer leases typically command greater interest, particularly in a market where leasehold tenure is a critical consideration for potential homeowners. The medium confidence level of this model underscores the complexity and dynamism of the HDB market, where various socio-economic factors and local amenities play pivotal roles in shaping market behavior. As Sembawang continues to develop as a residential hub, this valuation indicates a promising investment opportunity for discerning buyers seeking stability in their real estate portfolio.