2 Room (2STD) 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 $344,362, translating to a price per square foot (PSF) of $842. This figure positions the property above the market baseline by 7.4%, indicating a robust demand in the local market despite the medium confidence level associated with the valuation model. Such a premium valuation suggests that the property may possess unique attributes or be situated in a desirable location that warrants a higher price point compared to similar units.

Analyzing the recent trends, the valuation is supported by a sampling of 19 HDB resale transactions in the vicinity, which reflects a consistent demand for HDB properties in the Sembawang area. The relative strength of this valuation, bolstered by the long remaining lease, further emphasizes the potential for appreciation as buyers increasingly seek out properties with extended lease tenures. As the market dynamics evolve, stakeholders are advised to consider the implications of lease duration, local amenities, and overall community development when assessing property values in this thriving district.