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

The HDB 4-room property in Queenstown, with a remaining lease of 75 years, is currently estimated to hold a market value of approximately $1,054,682, translating to around $1,055 PSF. This valuation places it significantly above the market baseline, with an impressive 87.7% difference, indicating a strong demand and potential premium associated with this property type in the desirable Queenstown locale.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset available, consisting of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may affect the robustness of the valuation, suggesting that while the market sentiment leans towards optimism, investors should exercise caution. The dynamics of the Queenstown area, known for its strategic location and amenities, may contribute to the elevated price point, yet potential buyers should remain vigilant and consider the implications of the remaining lease on long-term investment value.