Executive HDB for Rent in 309 Canberra Road

This analytical summary provides insights into the current valuation of an HDB Executive apartment located in Sembawang, which boasts a remaining lease of 70 years. The estimated value of the property stands at $722,258, translating to a price per square foot (PSF) of $559. This valuation reflects the current market conditions, where the property is assessed at a market price that shows a 0% difference from the baseline, indicating stability in demand and a balanced market environment.

The model confidence for this valuation is rated as high, derived from an analysis of 33 recent HDB resale transactions in the vicinity. This robust dataset underpins the reliability of the estimated value, affirming that the property is positioned competitively within the local market landscape. The 70-year remaining lease also plays a crucial role in the valuation, as it aligns with buyer expectations for long-term ownership while mitigating concerns associated with shorter leases. As Sembawang continues to develop and enhance its infrastructure, we anticipate sustained interest in the region, further solidifying the valuation and attractiveness of this HDB Executive apartment.