2 Room (2A) HDB for Sale in 104D Canberra Street

The valuation of the HDB 2 Room unit in Sembawang, with a remaining lease of 91 years, reflects a calculated estimated value of $395,120, equating to a price per square foot (PSF) of $782. This valuation indicates a market signal that is 3.8% above the baseline price, suggesting a modest upward trajectory in the local property market. The relatively low model confidence, however, signals a degree of caution; it implies that while recent sales data from six comparable HDB transactions in the vicinity provides a basis for this valuation, market conditions may be volatile or influenced by external factors.

Considering the remaining lease of 91 years, this property stands at a favorable position, as longer lease tenures typically attract more interest and investment stability. Additionally, Sembawang's evolving infrastructure and amenities contribute positively to the overall appeal of the area. However, prospective buyers should be mindful of the low confidence level in the valuation model, indicating that market fluctuations could impact the resale value in the near future. Overall, while the property showcases potential, investors should approach with a well-informed strategy, factoring in both the current valuation and the dynamic nature of the local property market.