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

The valuation of the HDB 4-room property in Queenstown, with a remaining lease of 75 years, stands at an estimated $1,146,440, translating to a price per square foot (PSF) of $1,055. This valuation reflects a 4.7% difference from the baseline market price, indicating a slight premium in the pricing. Such a positioning may be attributed to Queenstown's desirability as a mature estate, which offers residents a blend of convenience, accessibility, and established amenities. However, it is essential to note that the model confidence for this valuation is classified as low, suggesting that the data on which it is based may be limited or affected by market fluctuations.

Furthermore, the valuation is anchored on only two recent HDB resale transactions within the vicinity, highlighting the potential volatility in price determination. This limited dataset emphasizes the need for prospective buyers and investors to approach the market with caution, as the dynamics within the Queenstown area may shift in response to broader economic factors and local developments. Overall, while the property's valuation appears competitive, stakeholders should remain vigilant of the underlying market conditions and the implications of the remaining lease on long-term investment viability.