3 Room (3A) HDB for Sale in 55 Havelock Road

The valuation of the HDB 3-room property in Queenstown, with a remaining lease of 86 years, indicates a robust market position, reflected in its estimated value of $870,341, which translates to a price per square foot (PSF) of $1,171. This valuation places the property at a competitive advantage, as it represents an 11.5% deviation from the baseline market value, signaling a good deal for potential buyers. Such a differential suggests that the property is not only well-priced but also holds potential for future appreciation, particularly given Queenstown's reputation as a desirable residential enclave.

Market dynamics in the vicinity, supported by data from 64 recent HDB resale transactions, reinforce the model's confidence rating of high. The sustained demand for HDB units in this area reflects a combination of factors, including proximity to amenities, schools, and transport links, making it an attractive choice for both first-time buyers and investors. The remaining lease of 86 years further adds to its appeal, as properties with longer leases are often viewed favorably in the market, ensuring longevity in value retention. Overall, this property stands as a compelling opportunity in the current real estate landscape of Singapore.