Common Room (HDB) for Rent in 104C Canberra Street

The valuation of the HDB 4-room property in Sembawang, with a remaining lease of 91 years, reflects a meticulous analysis of the current market dynamics and comparable transactions in the vicinity. Estimated at $78,426, translating to $654 PSF, this valuation positions the property firmly within the competitive landscape of HDB resale transactions. With a market price that shows a 0% difference from the baseline, it indicates a stable demand for such properties, suggesting that the pricing aligns perfectly with market expectations and the current economic climate.

The model confidence in this valuation is rated as High, based on a robust dataset comprising 493 recent HDB resale transactions in the area. This extensive dataset underpins the reliability of the valuation, reinforcing the attractiveness of the Sembawang locale for prospective buyers and investors. The remaining lease of 91 years adds significant value, as it provides ample time for future appreciation, while also ensuring compliance with the leasehold regulations that govern HDB properties. As the market continues to evolve, this property stands as a testament to both the enduring appeal of Sembawang and the resilience of the HDB market overall.