Common Room (HDB) for Rent in 359B Admiralty Drive

In the current valuation of the HDB 2-room property located in Sembawang, the estimated value stands at $100,577, translating to a price per square foot (PSF) of $838. This valuation is underpinned by a robust market analysis, derived from a comprehensive review of 222 recent HDB resale transactions in the vicinity, which bolsters the reliability of the model with a high confidence level. Notably, this valuation reflects a market price that is effectively at a 0% difference from the baseline, indicating a stable pricing environment with no significant deviations from established market trends.

The remaining lease of 74 years for this property positions it favorably within the current housing landscape, where lease tenure remains a pivotal factor influencing buyer sentiment and long-term investment viability. The Sembawang locale continues to exhibit resilience, benefiting from ongoing infrastructural developments and a growing community, which enhances its appeal to both first-time homebuyers and investors alike. Such dynamics suggest that this property not only holds intrinsic value but also offers prospective upside as the area continues to evolve, making it an astute consideration for discerning buyers seeking stability and growth potential in Singapore's vibrant HDB market.