3 Room (3A) HDB for Sale in 30 Margaret Drive

The HDB 3-room flat located in Queenstown has been appraised at an estimated value of $758,647, translating to a price per square foot (PSF) of $1,137. This valuation places the property significantly above the baseline market signal by 18.4%, indicating a premium perception of value that warrants further exploration of the underlying market dynamics.

With a remaining lease of 94 years, this property benefits from a substantial tenure that is highly regarded among prospective buyers, particularly in a market where leasehold properties are scrutinized for longevity. However, it is important to note that the model confidence for this valuation is categorized as low, suggesting that the assessment may be influenced by a limited pool of comparable sales. Current data is derived from just three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends or fluctuations. As such, potential investors should consider the implications of these factors when evaluating the viability of this property as a long-term investment.