Common Room (HDB) for Rent in 469A Admiralty Drive

The valuation of the HDB 2-room flat in Sembawang, with a remaining lease of 74 years, stands at an estimated value of $125,722, translating to $838 PSF. This valuation reflects a stable market condition, with the property showing a 0% difference from the baseline market price. Such stability suggests a healthy demand for HDB properties in the Sembawang area, indicating that buyers are willing to pay a premium for homes that meet their needs in terms of size, location, and remaining lease.

With the analysis based on 222 recent HDB resale transactions in the vicinity, the model confidence is classified as high. This robust dataset reinforces the reliability of the valuation and highlights the competitive nature of the Sembawang market. As the remaining lease of the property is relatively lengthy at 74 years, it positions the flat favorably among potential buyers, who often seek properties with substantial lease periods to mitigate concerns related to depreciation and future financing options. Overall, this valuation underscores the enduring appeal of HDB living in Sembawang, bolstered by its strategic location and community amenities.