5 Room (5I) HDB for Sale in 126B Canberra Street

The valuation of the HDB 5-room unit in Sembawang, with a remaining lease of 92 years, stands at an estimated value of $850,820, translating to a price per square foot (PSF) of $700. This assessment reflects a nuanced understanding of the current market dynamics, particularly as it shows a 3.4% deviation from the baseline price, suggesting a moderately competitive environment for HDB properties in this region. The model confidence is classified as medium, indicating that while the valuation is grounded in substantial data, some inherent variability remains due to market fluctuations and external economic factors.

Our analysis is substantiated by a review of 10 recent HDB resale transactions in the vicinity. This localized data provides a comprehensive snapshot of market movements, highlighting the balance between supply and demand in Sembawang. Additionally, the extended lease period of 92 years positions this property favorably in the eyes of potential buyers, who typically prioritize longevity in leasehold properties. The current valuation not only reflects the property’s intrinsic value but also its potential for appreciation in a thriving residential area, making it a noteworthy option for discerning investors and homebuyers alike.