2 Bed Walk-up Apartment (Condo) for Sale in Tiong Bahru Estate

The valuation of the 3-room HDB property in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $430,971, translating to a price per square foot (PSF) of $656. This valuation is notably positioned above the market average, reflecting a substantial 108.8% difference from the baseline. The high market signal indicates robust demand for HDB properties in this coveted region, attributed to Queenstown's strategic location and its appeal as a residential hub.

With a model confidence rating classified as High, this valuation is supported by an analysis of 23 recent HDB resale transactions in the vicinity, which showcases a consistent trend of increasing property values in the area. The remaining lease period of 75 years, while still substantial, may influence buyer perceptions; however, the premium pricing indicates a strong belief in the long-term value retention of HDB properties within Queenstown. As market dynamics continue to evolve, this valuation serves as a critical benchmark for potential buyers and investors seeking opportunities in Singapore's resilient real estate landscape.