4 Room (4A) HDB for Sale in 118B Canberra Crescent

The valuation of the 4-room HDB property located in Sembawang, with a remaining lease of 92 years, stands at an estimated value of $647,653, translating to a price per square foot (PSF) of $654. This valuation not only reflects a solid demand for HDB flats in this region but also indicates a noteworthy market signal, with the estimated value positioned above the baseline by 15.8%. Such a premium suggests an increasing desirability within the Sembawang area, driven by factors such as ongoing urban development and enhancements in local amenities.

With a model confidence rating of high, this valuation is substantiated by an extensive analysis of 495 recent HDB resale transactions in the vicinity. The robust data set indicates a strong market trend, bolstered by the property’s advantageous lease duration, which remains a crucial determinant in the valuation of HDB flats. As buyers increasingly prioritize longevity in leasehold properties, the 92-year lease enhances the appeal of this listing, making it a competitive option in the current market landscape.