5 Room (5I) HDB for Sale in 120A Canberra Crescent

The HDB 5-room unit located in Sembawang, with a remaining lease of 91 years, presents a noteworthy valuation of $842,356, translating to a price per square foot (PSF) of $693. This estimated value reflects a modest 2.7% deviation from the baseline market price, indicating a competitive positioning within the current HDB resale landscape. Such a slight variance suggests that the property is well-aligned with market expectations, particularly in a region where the demand for spacious living units remains robust.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily based on the analysis of only six recent HDB resale transactions in the vicinity. This limited dataset may not fully encapsulate the broader market dynamics at play, which could be influenced by factors such as the appeal of the Sembawang neighborhood, proximity to amenities, and future infrastructural developments. As such, prospective buyers and investors should exercise caution and conduct comprehensive due diligence when considering this property, while remaining cognizant of the implications of the remaining lease on long-term investment potential.