Common Room (HDB) for Rent in 469B Admiralty Drive

The valuation of the HDB 4-room unit in Sembawang, with an estimated value of $66,747 (at $667 per square foot), reflects a stable market condition, as evidenced by its alignment with the baseline price, indicating a 0% deviation. This stability in pricing suggests that the property is accurately positioned within the current market, demonstrating a strong demand among potential buyers for HDB units in this area. Given that the property has a remaining lease of 74 years, this duration is generally viewed favorably, offering prospective homeowners a substantial timeline to benefit from the property, which is crucial in the valuation of HDB flats where lease tenure significantly influences buyer sentiment and investment decisions.

The model confidence level for this valuation is deemed high, bolstered by an extensive analysis based on 496 recent HDB resale transactions in the vicinity. This comprehensive dataset provides a robust foundation for the valuation, reinforcing the reliability of the estimated value amidst the dynamic real estate landscape of Singapore. As Sembawang continues to develop, with enhancements in infrastructure and amenities, the enduring appeal of HDB properties in this region is likely to maintain, if not enhance, their market value over time.